BEFORE THE DEPARTMENT OF ADMINISTRATION

OF THE STATE OF MONTANA

 

In the matter of the amendment of ARM 2.60.203 pertaining to application procedure for a certificate of authorization for a state-chartered bank

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NOTICE OF AMENDMENT

TO:  All Concerned Persons

 

1.  On February 28, 2013, the Department of Administration published MAR Notice No. 2-60-475 pertaining to the proposed amendment of the above-stated rule at page 244 of the 2013 Montana Administrative Register, Issue Number 4.

 

2.  The department has amended the above-stated rule as proposed.

 

3.  The department has thoroughly considered the comment received.  A summary of the comment received and the department's response are as follows:

 

COMMENT 1:  The Montana Independent Bankers Association (MIB) is a trade association made up of Montana's independent bankers.  The MIB commented that the proposed amendment appears necessary to harmonize the existing rule with the updated and presently controlling Interagency Charter and Federal Deposit Insurance Application and Interagency Biographical and Financial Report forms.  Since the rule change is administrative in nature and necessary, the MIB supports the amendment to ARM 2.60.203.

 

RESPONSE 1:  The department thanks the MIB for their support of this amendment.

 

 

 

By:   /s/ Sheila Hogan                                         By:    /s/ Michael P. Manion                

         Sheila Hogan, Director                                       Michael P. Manion, Rule Reviewer

         Department of Administration                            Department of Administration

 

 

Certified to the Secretary of State April 15, 2013.