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| Rule: 2.59.139 | Prev Up Next | |
| Rule Title: LEGAL LENDING LIMIT | ||
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| Department: | ADMINISTRATION | |
| Chapter: | BANKING AND FINANCIAL INSTITUTIONS | |
| Subchapter: | Banks | |
| Latest version of the adopted rule presented in Administrative Rules of Montana (ARM): | ||
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2.59.139 LEGAL LENDING LIMIT (1) If no direct benefit is received or no common enterprise exists, the combined loans or extensions of credit to a commonly owned or controlled group of borrowers shall not exceed three times the bank's lending limit. History: 32-1-211, 32-1-432, MCA; IMP, 32-1-211, 32-1-432, MCA; NEW, 2020 MAR p. 1698, Eff. 9/12/20. |
| MAR Notices | Effective From | Effective To | History Notes |
|---|---|---|---|
| 2-59-596 | 9/12/2020 | Current | History: 32-1-211, 32-1-432, MCA; IMP, 32-1-211, 32-1-432, MCA; NEW, 2020 MAR p. 1698, Eff. 9/12/20. |
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