Mont. Code Ann. § 32-1-511
This is the official text of Mont. Code Ann. § 32-1-511, 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.
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32-1-511 Bank may be placed in department's possession
Official statutory text
32-1-511 . Bank may be placed in department's possession. A bank may place its affairs and assets under the control and in the possession of the department by posting a notice on the front door of the bank indicating that it is in the possession of the department. The notice shall be signed by a majority of the directors in office of the bank. Immediately upon the posting of the notice by a bank, it shall notify the department of its action.
Status: in_force · Read it on the official government site
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