1. MCA Contents
  2. TITLE 32
  3. CHAPTER 11
  4. Part 2
  5. 32-11-209 Misrepresentation

Montana Code Annotated 2017

TITLE 32. FINANCIAL INSTITUTIONS

CHAPTER 11. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS

Part 2. Licensure Procedures -- Board of Directors

Misrepresentation

32-11-209. Misrepresentation. (1) Except as otherwise provided in 32-11-208, a person transacting business in the state who is not a licensee may not knowingly use a name or title that indicates that the person is a BIDCO or otherwise represent that the person is a BIDCO or a licensee.

(2) A licensee may not knowingly misrepresent the meaning or effect of its license.

History: En. Sec. 12, Ch. 411, L. 2007.