32-7-116. Statement of account. A licensee shall provide a full statement of an escrow account established under an escrow agreement within 14 days of a written request made by a party to the escrow agreement. The statement must state:
(1) credits to principal;
(2) interest earned for the period; and
(3) other information requested.
History: En. Sec. 9, Ch. 651, L. 1989.
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