32-3-1009. False statement to obtain or extend loan. An individual may be fined by the department of administration not more than $1,000 for each false statement made:
(1) to obtain for the individual or for another person, a firm, a corporation, or an association a loan of money from a credit union;
(2) to gain an extension of time for the payment of a debt owed to the credit union; or
(3) to extend credit to a customer.
History: En. Sec. 5, Ch. 480, L. 2019.
Structure Montana Code Annotated
Title 32. Financial Institutions
32-3-1001. and 32-3-1002 reserved
32-3-1003. Penalty for false statements or entries to books and records
32-3-1004. Penalty for fraud by director, executive officer, agent, or employee
32-3-1006. and 32-3-1007 reserved
32-3-1008. Concealing actions from directors
32-3-1009. False statement to obtain or extend loan
32-3-1010. through 32-3-1012 reserved
32-3-1013. Removal of directors, officers, employees -- hearing