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Rule Title: COMMITTEE PROCEDURES
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Department: STATE AUDITOR
Chapter: SECURITIES DEPARTMENT
Subchapter: Securities Restitution Fund
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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6.10.706    COMMITTEE PROCEDURES

(1) The committee shall meet quarterly to determine award recommendations.

(2) The committee shall review all completed applications received in the preceding quarter prior to making any recommendations.

(3) Within two weeks following the committee meeting, the attorney shall prepare a recommendation for the commissioner.

(4) Applications shall only be considered in two consecutive quarters. After the second quarter review, the application shall be deemed closed and eligible for review solely at the discretion of the committee.

(5) The commissioner may:

(a) adopt the recommendations in full;

(b) reject the recommendations in full; or

(c) request another meeting of the committee to reexamine fund allocation.

History: 30-10-1008, MCA; IMP, 30-10-1008, MCA; NEW, 2012 MAR p. 1140, Eff. 6/8/12.


 

 
MAR Notices Effective From Effective To History Notes
6-199 6/8/2012 Current History: 30-10-1008, MCA; IMP, 30-10-1008, MCA; NEW, 2012 MAR p. 1140, Eff. 6/8/12.
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