4.14.310    ASSIGNMENT OF BONDS

(1)  Financial institutions may assign a bond in whole or in part to another financial institution.   Servicing of the loan may also be assigned, but must at all times be with a financial institution.   The authority must be notified in writing prior to assignment of servicing of the loan.

History: 80-12-103, MCA; IMP, 80-12-103, MCA; NEW, 1984 MAR p. 363, Eff. 3/1/84; AMD, 2001 MAR p. 1723, Eff. 9/7/01.