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TITLE 32
CHAPTER 1
Part 5
Montana Code Annotated 2017
TITLE 32. FINANCIAL INSTITUTIONS
CHAPTER 1. BANKS AND TRUST COMPANIES
Part 5. Dissolution, Closing, and Liquidation
32-1-501
Dissolution and disincorporation
32-1-502
Grounds for closing bank
32-1-503
Bank insolvent when
32-1-504
Deposits in insolvent bank
32-1-505
Penalty for receiving deposits when insolvent or for making false statements
32-1-506
Assessment on capital stock to make good impairment
32-1-507
Power of closed banks to borrow money from governmental agencies
32-1-508
Corporate existence -- ceases when
32-1-509
Taxes on banks which have ceased to do business
32-1-510
Penalty for maliciously declaring bank insolvent
32-1-511
Bank may be placed in department's possession
32-1-512
Effect of posting notice
32-1-513
Taking possession of bank -- notice
32-1-514
Resumption after closing
32-1-515
Powers of department on closing bank -- court proceedings
32-1-516
Recourse of aggrieved bank -- injunction
32-1-517
Department may retain bank employees -- liquidating agent's salary and expenses
32-1-518
Compensation of agents and attorneys
32-1-519
through 32-1-530 reserved
32-1-531
Notice to creditors of insolvent bank
32-1-532
Claims -- allowance and rejection
32-1-533
Payment of claims
32-1-534
Claims -- order of payment -- priorities
32-1-535
Claims -- partial payments -- assignments
32-1-536
Deposit of funds in department's hands
32-1-537
Disposition of unclaimed funds
32-1-538
Disposition of assets remaining after payment of claims
32-1-539
through 32-1-550 reserved
32-1-551
Liquidating officer's powers and duties
32-1-552
Further duties of liquidating officer
32-1-553
Department to file inventory -- report required -- exception
32-1-554
through 32-1-560 reserved
32-1-561
Definitions
32-1-562
Power of department
32-1-563
Powers of officers
32-1-564
Notice of bank closing
32-1-565
Effect of closing