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TITLE 32
CHAPTER 1
Part 5

Montana Code Annotated 2023

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

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