31-1-711. Examinations -- fee. (1) The department may conduct an examination of each licensee's deferred deposit lending operation to ensure that the licensee is in compliance with the provisions of this part.
(2) (a) A licensee shall pay the department a fee in the amount of $37.50 an hour for each examiner required to conduct an examination.
(b) The department may charge a licensee for no more than three examinations a year under this section.
(3) A licensee shall make available to a department examiner the information required under 31-1-714 or as required by rule.
History: En. Sec. 6, Ch. 404, L. 1999; amd. Sec. 6, Ch. 451, L. 2007; amd. Sec. 5, Ch. 81, L. 2009.
Structure Montana Code Annotated
Title 31. Credit Transactions and Relationships
Chapter 1. Credit Transactions
Part 7. Montana Deferred Deposit Loan Act
31-1-702. Purpose -- rules -- fees
31-1-705. License -- application requirements -- business locations
31-1-707. Denial of license and license renewal
31-1-708. and 31-1-709 reserved
31-1-712. Notice of violation -- administrative hearing -- penalties -- liability
31-1-713. Department obligations -- complaints
31-1-714. Information and annual reports
31-1-715. Loan requirements -- right of rescission -- arbitration -- completion of transaction
31-1-716. through 31-1-720 reserved
31-1-721. Required disclosures -- loan agreement
31-1-722. Prohibited and permitted fees -- attorney fees and costs
31-1-727. Cease and desist orders
31-1-728. Injunctions -- receivers
31-1-729. Violation of specified federal laws -- rulemaking authority