32-2-1009. Penalty for maliciously declaring mutual association insolvent, MCA

Montana Code Annotated 2023

TITLE 32. FINANCIAL INSTITUTIONS

CHAPTER 2. MUTUAL SAVINGS AND LOAN ASSOCIATIONS

Part 10. Dissolution, Closing, and Liquidation

Penalty For Maliciously Declaring Mutual Association Insolvent

32-2-1009. Penalty for maliciously declaring mutual association insolvent. If, as a result of malice or for personal gain, an employee or agent of the department declares a mutual association insolvent, the employee or agent forfeits the employee's or agent's office.

History: En. Sec. 96, Ch. 431, L. 2021.