| HOME | SEARCH | ABOUT US | CONTACT US | HELP | ||
 |
 |
|
|
| Rule: 4.3.503 | Prev Up Next | |
| Rule Title: REAL ESTATE REQUIREMENTS | ||
|
|
Add to Favorites |
| Department: | AGRICULTURE, DEPARTMENT OF | |
| Chapter: | AGRICULTURAL DEVELOPMENT DIVISION | |
| Subchapter: | Participation Loan Rules | |
| Latest version of the adopted rule presented in Administrative Rules of Montana (ARM): | ||
| Printer Friendly Version |
|
4.3.503 REAL ESTATE REQUIREMENTS (1) The department of agriculture shall hold the first mortgage position on all real estate participation loans. (a) Real estate loans will be made upon availability of funds, but in no case shall the term exceed a 20 year repayment schedule. (b) Title insurance and fire insurance must be carried on the mortgaged real estate, with the Montana department of agriculture listed as the first lien holder.
History: 80-2-106, MCA; IMP, 80-2-104, MCA; NEW, 1977 MAR p. 942, Eff. 11/26/77. |
| MAR Notices | Effective From | Effective To | History Notes |
|---|---|---|---|
| 11/26/1977 | Current | History: 80-2-106, MCA; IMP, 80-2-104, MCA; NEW, 1977 MAR p. 942, Eff. 11/26/77. |
A directory of state agencies is available online at http://www.mt.gov/govt/agencylisting.asp.
For questions about the organization of the ARM or this web site, contact [email protected].
