32-1-215. Special examinations and fees -- report within 120 days. Special examinations may be made of a bank, trust company, investment company, building and loan association, or credit union when in the judgment of the department it is considered necessary, and the special examination shall be charged for at a rate that equals the department's actual costs for examiner wages and travel expenses. All special examination fees or charges shall be paid at the conclusion of the examination, and the moneys collected by the department shall be paid to the state treasurer for the credit of the state special revenue fund for the use of the department in its examination function. The department shall submit in writing to the examined bank a report of the examination's findings no later than 120 days after the completion of the examination.
History: En. Sec. 2, Ch. 167, L. 1929; re-en. Sec. 6014.84, R.C.M. 1935; amd. Sec. 1, Ch. 58, L. 1953; amd. Sec. 1, Ch. 137, L. 1955; amd. Sec. 1, Ch. 180, L. 1959; amd. Sec. 222, Ch. 147, L. 1963; amd. Sec. 22, Ch. 249, L. 1967; amd. Sec. 5, Ch. 256, L. 1971; amd. Sec. 31, Ch. 431, L. 1975; R.C.M. 1947, 5-910; amd. Sec. 2, Ch. 600, L. 1985; amd. Sec. 2, Ch. 199, L. 1989.
Structure Montana Code Annotated
Title 32. Financial Institutions
Chapter 1. Banks and Trust Companies
Part 2. Functions of State Banking Board and Department of Administration
32-1-201. State banking board -- secretary -- meetings -- per diem
32-1-202. Powers and duties of board
32-1-203. Rules adopted by board -- new banks
32-1-205. Board rules for discovery and hearing procedures
32-1-206. Disqualification of board member -- when
32-1-207. through 32-1-210 reserved
32-1-212. Conflicts of interest -- definition -- rulemaking
32-1-213. Payments to be made by banks, investment companies, and trust companies
32-1-214. Special examination defined
32-1-215. Special examinations and fees -- report within 120 days
32-1-216. Examination at request of directors
32-1-218. Department to make rules
32-1-219. Reliance on order -- limit on liability
32-1-220. Access to holding companies and affiliated entities
32-1-221. Regional banking organizations -- department authority
32-1-222. Loan production office -- rulemaking authority
32-1-223. through 32-1-230 reserved
32-1-231. Reports to department
32-1-232. Report of declaration of dividend
32-1-233. Special reports to department