32-2-1201. Definitions. As used in this part, the following definitions apply:
(1) "Board member" means a member of the board of directors of the institution.
(2) "Cease and desist order that has become final" means a cease and desist order or an order with respect to which:
(a) a timely petition for review of the action has not been filed; or
(b) the action of the court in which a petition for review has been filed is not subject to further review by the courts of the state.
(3) "Institution" means a state mutual association.
(4) "Violation" includes without limitation any action, alone or with others, that causes, counsels, aids, or abets a violation.
History: En. Sec. 123, Ch. 431, L. 2021.
Structure Montana Code Annotated
Title 32. Financial Institutions
Chapter 2. Mutual Savings and Loan Associations
Part 12. Removal of Directors or Officers
32-2-1202. Notice of charges -- hearing -- cease and desist order -- effective date
32-2-1203. Informal conferences -- time for application
32-2-1206. Informal conferences -- time for application
32-2-1207. Suspension or prohibition effective on service -- stay
32-2-1208. Felony charges -- suspension or prohibition
32-2-1209. through 32-2-1212 reserved
32-2-1213. Board of directors -- lack of quorum -- temporary board members
32-2-1214. Hearings -- decision -- review, modification, termination, or stay of orders
32-2-1215. Notices and orders -- manner of service -- copies to federal authorities