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| Rule: 2.59.1503 | Prev Up Next | |
| Rule Title: UNENCUMBERED ASSETS AS ADDITIONAL SURETY | ||
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| Department: | ADMINISTRATION, DEPARTMENT OF | |
| Chapter: | BANKING AND FINANCIAL INSTITUTIONS | |
| Subchapter: | Deferred Deposit Lending | |
| Latest version of the adopted rule presented in Administrative Rules of Montana (ARM): | ||
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2.59.1503 UNENCUMBERED ASSETS AS ADDITIONAL SURETY (1) The statutorily required $25,000 in unencumbered assets shall serve as additional surety for the licensee's operations. These assets shall remain unencumbered. History: 31-1-702, MCA; IMP, 31-1-702, 31-1-705, MCA; NEW, 2000 MAR p. 71, Eff. 11/5/99; TRANS, from Commerce, 2001 MAR p. 1178. |
| MAR Notices | Effective From | Effective To | History Notes |
|---|---|---|---|
| 11/5/1999 | Current | History: 31-1-702, MCA; IMP, 31-1-702, 31-1-705, MCA; NEW, 2000 MAR p. 71, Eff. 11/5/99; TRANS, from Commerce, 2001 MAR p. 1178. |
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