Mont. Code Ann. § 32-1-403
This is the official text of Mont. Code Ann. § 32-1-403, part of Montana’s Code Ann — part of the compiled statutory law of Montana, published by the state as "Code Ann." Browse the sections below, each linked to its official government source.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
32-1-403 Penalty for transacting business without certificate
Official statutory text
32-1-403 . Penalty for transacting business without certificate. (1) A person, domestic or foreign, violating any provision of this section shall forfeit to the state $500 a day for every day or part of a day during which the violation continues.
(2) On action brought by the department, the court may issue an injunction restraining a person from further violating any provision of this section and may enter a further order or decree as equity and justice require.
(3) A person doing any of the things or transacting any of the business defined in Title 32, chapter 1, shall transact that business according to the provisions of the Bank Act, and the department may examine the accounts, books, papers, cash, and credits of that person, domestic or foreign, in order to ascertain whether that person has violated or is violating any provisions of this section.
(2) On action brought by the department, the court may issue an injunction restraining a person from further violating any provision of this section and may enter a further order or decree as equity and justice require.
(3) A person doing any of the things or transacting any of the business defined in Title 32, chapter 1, shall transact that business according to the provisions of the Bank Act, and the department may examine the accounts, books, papers, cash, and credits of that person, domestic or foreign, in order to ascertain whether that person has violated or is violating any provisions of this section.
Status: in_force · Read it on the official government site
Need a lawyer in Montana?
Find a Montana lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.