Table of Contents
TITLE 32. FINANCIAL INSTITUTIONS
CHAPTER 7. ESCROW BUSINESSES
Part 1. Regulation of Escrow Businesses
Current Version 2025, 2023, 2021, 2019, 2015, 2013, 2011, 2009, 2007, 2005, 2003, 2001, 1999, 1997, 1995
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32-7-101
32-7-102
32-7-103
32-7-104
32-7-108
32-7-109
32-7-110
32-7-111
32-7-112
32-7-115
32-7-116
32-7-117
32-7-121
32-7-122
32-7-123
32-7-124
Mont. Code Ann. § 32-7-111
(2021)

Transferability

An escrow business license is not transferable or assignable. The provisions of this section apply to the change of ownership of a legal entity licensed as an escrow business under this part if the change of ownership involves a change of control in the entity. For purposes of this section, "change of control" means the transfer of 25% or more of the ownership interests in the entity.

Official Annotations
History:
En. Sec. 7, Ch. 651, L. 1989
Amd. Sec. 6, Ch. 216, L. 2013 (HB 117 - Eck, Jennifer (D) HD 82)
Source