Montana Code Annotated 2019

TITLE 32. FINANCIAL INSTITUTIONS

CHAPTER 1. BANKS AND TRUST COMPANIES

Part 1. General Provisions -- Definitions

Applicability Of Corporation Law

32-1-112. (Temporary) Applicability of corporation law. (1) Except as provided in subsection (2), the provisions of Title 35, chapter 1, apply to banks unless a section in this title or a rule or order issued under this chapter is inconsistent with Title 35, chapter 1.

(2) The provisions of 35-1-114, 35-1-115(4) through (10), 35-1-308(1), 35-1-623(2), 35-1-936, 35-1-1106, 35-1-1107, and Title 35, chapter 1, part 10, do not apply to banks.

32-1-112. (Effective June 1, 2020) Applicability of corporation law. (1) Except as provided in subsection (2), the provisions of Title 35, chapter 14, apply to banks unless a section in this title or a rule or order issued under this chapter is inconsistent with Title 35, chapter 14.

(2) The provisions of 35-14-301, 35-14-302(4) through (10), 35-14-401(1), 35-14-621(2), Title 35, chapter 14, part 14, 35-14-1601, and 35-14-1602 do not apply to banks.

History: En. Sec. 13, Ch. 395, L. 1993; amd. Sec. 5, Ch. 71, L. 2005; amd. Sec. 227, Ch. 271, L. 2019.