1. MCA Contents
  2. TITLE 32
  3. CHAPTER 2
  4. Part 4
  5. 32-2-414 Interest or commissions not included in profits

Montana Code Annotated 2017

TITLE 32. FINANCIAL INSTITUTIONS

CHAPTER 2. BUILDING AND LOAN ASSOCIATIONS

Part 4. Operation and Regulation

Interest Or Commissions Not Included In Profits

32-2-414. Interest or commissions not included in profits. Interest or commissions unpaid, although due or accrued, on debts owing to any building and loan association shall not be included in calculation of its profits.

History: En. Sec. 40, Ch. 57, L. 1927; re-en. Sec. 6355.41, R.C.M. 1935; R.C.M. 1947, 7-142.