Table of Contents
TITLE 32. FINANCIAL INSTITUTIONS
CHAPTER 1. BANKS AND TRUST COMPANIES
Part 4. Operation and Regulation
Current Version 2025, 2023, 2021, 2019, 2015, 2013, 2011, 2009, 2007, 2005, 2003, 2001, 1999, 1997, 1995
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32-1-401
32-1-402
32-1-403
32-1-411
32-1-412
32-1-413
32-1-414
32-1-420
32-1-421
32-1-422
32-1-423
32-1-424
32-1-425
32-1-426
32-1-427
32-1-429
32-1-430
32-1-432
32-1-433
32-1-434
32-1-435
32-1-437
32-1-440
32-1-441
32-1-444
32-1-445
32-1-446
32-1-447
32-1-448
32-1-451
32-1-452
32-1-453
32-1-454
32-1-455
32-1-461
32-1-462
32-1-463
32-1-464
32-1-465
32-1-466
32-1-467
32-1-468
32-1-471
32-1-472
32-1-473
32-1-474
32-1-481
32-1-482
32-1-483
32-1-484
32-1-485
32-1-491
32-1-492
32-1-493
32-1-494
32-1-495
Mont. Code Ann. § 32-1-491

Destruction of records

(1) Banks are required to preserve or keep their records of customer accounts for at least 8 years after January 1 of the year following the time that the records are made. However, records showing unpaid balances in favor of depositors of a bank may not be destroyed. Liability may not accrue against a bank destroying any records, except records of which destruction is forbidden by this section, after the expiration of the time provided in this section.

(2) The department shall adopt rules providing for retention schedules for bank records other than those records listed in subsection (1).

Official Annotations
History:
En. Sec. 1, Ch. 77, L. 1951
R.C.M. 1947, 5-1050
Amd. Sec. 1, Ch. 314, L. 1983
Amd. Sec. 84, Ch. 382, L. 1997
Amd. Sec. 20, Ch. 163, L. 2005 (HB 223 - Jent, Larry (D) HD 64)
Source