1. MCA Contents
  2. TITLE 32
  3. CHAPTER 11
  4. Part 2
  5. 32-11-222 Control of other businesses

Montana Code Annotated 2017

TITLE 32. FINANCIAL INSTITUTIONS

CHAPTER 11. BUSINESS AND INDUSTRIAL DEVELOPMENT CORPORATIONS

Part 2. Licensure Procedures -- Board of Directors

Control Of Other Businesses

32-11-222. Control of other businesses. (1) A licensee may not hold control of another business except as provided under 32-11-223 and 32-11-224.

(2) In this section, "licensee" includes the licensee in concert with a director, officer, controlling person, or affiliate of the licensee.

History: En. Sec. 23, Ch. 411, L. 2007.