Table of Contents
TITLE 80. AGRICULTURE
CHAPTER 4. AGRICULTURAL COMMODITIES
Part 4. Agricultural Commodities Generally
Current Version 2025, 2023, 2021, 2019, 2015, 2013, 2011, 2009, 2007, 2005, 2003, 2001, 1999, 1997, 1995
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80-4-401
80-4-402
80-4-403
80-4-404
80-4-405
80-4-406
80-4-407
80-4-408
80-4-409
80-4-410
80-4-411
80-4-415
80-4-416
80-4-419
80-4-420
80-4-421
80-4-422
80-4-424
80-4-425
80-4-426
80-4-427
80-4-428
80-4-429
80-4-430
Mont. Code Ann. § 80-4-405

Maximum bond amount

The maximum amount of any public warehouse operator bond may not exceed $1 million and the maximum amount of a commodity dealer bond may not exceed $1 million, except:

(1) any bonds compensating for equity or working capital deficiencies prescribed in parts 5 and 6 of this chapter must be added to the maximum bond amount. If the public warehouse operator is also licensed as a commodity dealer, only one bond amount is required.

(2) if required as part of a commodity warehouse operator's or commodity dealer's license modified by the department pursuant to 80-4-421.

Official Annotations
History:
En. Sec. 5, Ch. 539, L. 1983
Amd. Sec. 20, Ch. 452, L. 1993
Amd. Sec. 3, Ch. 76, L. 1997
Amd. Sec. 2, Ch. 175, L. 2011 (SB 74 - Steinbeisser, Donald (R) SD 19)
Amd. Sec. 2, Ch. 302, L. 2019 (SB 73 - Hinebauch, Steve (R) SD 18)
Source