BEFORE THE DEPARTMENT OF ADMINISTRATION

OF THE STATE OF MONTANA

 

In the matter of the adoption of NEW RULES I through VIII pertaining to transitioning existing consumer loan company licenses to the Nationwide Multistate Licensing System and use of the system for all future licensing

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NOTICE OF ADOPTION

 

TO: All Concerned Persons

 

1. On August 7, 2014, the Department of Administration published MAR Notice No. 2-59-515 pertaining to the proposed adoption of the above-stated rules at page 1640 of the 2014 Montana Administrative Register, Issue Number 15.

 

2. The department has adopted New Rule I (ARM 2.59.310), New Rule II (ARM 2.59.311), New Rule III (ARM 2.59.312), New Rule IV (ARM 2.59.313), New Rule V (ARM 2.59.314), New Rule VI (ARM 2.59.315), New Rule VII (ARM 2.59.316, and New Rule VIII (ARM 2.59.317) exactly as proposed.

 

3. The department intends to apply these rules retroactively to July 1, 2014.  A retroactive application of the proposed rules does not negatively affect any involved party.

 

4. No comments were received.

 

 

 

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 September 29, 2014.