32-1-220. Access to holding companies and affiliated entities. The division may review the books and affairs of a bank holding company operating under the Bank Holding Company Act of 1956 during the course of a safety and soundness examination of the bank holding company's subsidiary bank to the extent that the records pertain to the operations and financial condition of the subsidiary bank or to the holding company's indebtedness. The authority granted in this section does not authorize the division to regulate or charge assessments to a bank holding company.
History: En. Sec. 11, Ch. 395, L. 1993; amd. Sec. 1, Ch. 148, L. 1997; amd. Sec. 1, Ch. 49, L. 2011.
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