32-7-108. Department -- powers and duties. (1) The department shall exercise general supervision and control over persons doing escrow business in this state.
(2) In addition to the other duties imposed upon the department by law, the department shall:
(a) adopt reasonable rules necessary to effectuate the purposes of this part;
(b) conduct examinations and investigations that may be necessary to determine whether a person has engaged or is about to engage in any act or practice constituting a violation of any provisions of this part;
(c) conduct examinations, investigations, and hearings necessary and proper for the efficient administration of this part; and
(d) establish fees commensurate with the costs of issuing the license and examining an escrow business.
History: En. Sec. 5, Ch. 651, L. 1989; amd. Sec. 1058, Ch. 56, L. 2009; amd. Sec. 3, Ch. 216, L. 2013.
Structure Montana Code Annotated
Title 32. Financial Institutions
Part 1. Regulation of Escrow Businesses
32-7-104. Exemption or exception -- burden of proof
32-7-105. through 32-7-107 reserved
32-7-108. Department -- powers and duties
32-7-109. Application for license -- bond -- issuance
32-7-113. and 32-7-114 reserved
32-7-115. Maintenance of records
32-7-116. Statement of account
32-7-117. Deposit of funds required -- disbursement
32-7-118. through 32-7-120 reserved
32-7-121. Unauthorized business practices -- penalty
32-7-122. Investigations by department -- desist order -- injunctions or other actions
32-7-123. Subpoenas -- oaths -- examinations of witness and evidence