30-10-1109. Factors used to determine amount of whistleblower award, MCA

Montana Code Annotated 2023

TITLE 30. TRADE AND COMMERCE

CHAPTER 10. SECURITIES REGULATION

Part 11. Whistleblower Award and Protection Act

Factors Used To Determine Amount Of Whistleblower Award

30-10-1109. Factors used to determine amount of whistleblower award. In determining the amount of an award under this part, the commissioner shall consider:

(1) the significance of the original information provided by the whistleblower to the success of the administrative or judicial action;

(2) the degree of assistance provided by the whistleblower in connection with the administrative or judicial action;

(3) the interest of the commissioner in deterring violations of the securities laws by making awards to whistleblowers who provide original information that leads to the successful enforcement of such laws; and

(4) any other factors the commissioner considers relevant.

History: En. Sec. 9, Ch. 76, L. 2021.