Table of Contents
TITLE 32. FINANCIAL INSTITUTIONS
CHAPTER 1. BANKS AND TRUST COMPANIES
Part 5. Dissolution, Closing, and Liquidation
Current Version 2025, 2023, 2021, 2019, 2015, 2013, 2011, 2009, 2007, 2005, 2003, 2001, 1999, 1997, 1995
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32-1-501
32-1-502
32-1-503
32-1-504
32-1-505
32-1-506
32-1-507
32-1-508
32-1-509
32-1-510
32-1-511
32-1-512
32-1-513
32-1-514
32-1-515
32-1-516
32-1-517
32-1-518
32-1-531
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Mont. Code Ann. § 32-1-503

Bank insolvent when

A bank is insolvent within the meaning of this chapter when all of its capital, surplus, and undivided profits are absorbed in losses and the remaining assets are not sufficient to pay and discharge its contracts, debts, and engagements.

Official Annotations
History:
En. Sec. 88, Ch. 89, L. 1927
Re-en. Sec. 6014.99, R.C.M. 1935
R.C.M. 1947, 5-1015.
Source