Montana Code Annotated
Chapter 1. Banks and Trust Companies
Part 5. Dissolution, Closing, and Liquidation

32-1-501. Dissolution and disincorporation - 32-1-501. Dissolution and disincorporation. Commercial banks, savings banks, trust companies,...

32-1-502. Grounds for closing bank - 32-1-502. Grounds for closing bank. (1) When it appears to...

32-1-503. Bank insolvent when - 32-1-503. Bank insolvent when. A bank is insolvent within the...

32-1-504. Deposits in insolvent bank - 32-1-504. Deposits in insolvent bank. (1) Except as otherwise provided...

32-1-505. Penalty for receiving deposits when insolvent or for making false statements - 32-1-505. Penalty for receiving deposits when insolvent or for making...

32-1-506. Assessment on capital stock to make good impairment - 32-1-506. Assessment on capital stock to make good impairment. (1)...

32-1-507. Power of closed banks to borrow money from governmental agencies - 32-1-507. Power of closed banks to borrow money from governmental...

32-1-508. Corporate existence -- ceases when - 32-1-508. Corporate existence -- ceases when. The charters and the...

32-1-509. Taxes on banks which have ceased to do business - 32-1-509. Taxes on banks which have ceased to do business....

32-1-510. Penalty for maliciously declaring bank insolvent - 32-1-510. Penalty for maliciously declaring bank insolvent. If, as a...

32-1-511. Bank may be placed in department's possession - 32-1-511. Bank may be placed in department's possession. A bank...

32-1-512. Effect of posting notice - 32-1-512. Effect of posting notice. The posting of the notice...

32-1-513. Taking possession of bank -- notice - 32-1-513. Taking possession of bank -- notice. On taking possession...

32-1-514. Resumption after closing - 32-1-514. Resumption after closing. After the department has taken possession...

32-1-515. Powers of department on closing bank -- court proceedings - 32-1-515. Powers of department on closing bank -- court proceedings....

32-1-516. Recourse of aggrieved bank -- injunction - 32-1-516. Recourse of aggrieved bank -- injunction. (1) A bank...

32-1-517. Department may retain bank employees -- liquidating agent's salary and expenses - 32-1-517. Department may retain bank employees -- liquidating agent's salary...

32-1-518. Compensation of agents and attorneys - 32-1-518. Compensation of agents and attorneys. (1) Except as provided...

32-1-519. through 32-1-530 reserved - 32-1-519 through 32-1-530 reserved.

32-1-531. Notice to creditors of insolvent bank - 32-1-531. Notice to creditors of insolvent bank. (1) Except as...

32-1-532. Claims -- allowance and rejection - 32-1-532. Claims -- allowance and rejection. (1) Except as provided...

32-1-533. Payment of claims - 32-1-533. Payment of claims. (1) Claims presented to the department...

32-1-534. Claims -- order of payment -- priorities - 32-1-534. Claims -- order of payment -- priorities. (1) Except...

32-1-535. Claims -- partial payments -- assignments - 32-1-535. Claims -- partial payments -- assignments. (1) The department...

32-1-536. Deposit of funds in department's hands - 32-1-536. Deposit of funds in department's hands. All funds in...

32-1-537. Disposition of unclaimed funds - 32-1-537. Disposition of unclaimed funds. (1) The department shall certify...

32-1-538. Disposition of assets remaining after payment of claims - 32-1-538. Disposition of assets remaining after payment of claims. (1)...

32-1-539. through 32-1-550 reserved - 32-1-539 through 32-1-550 reserved.

32-1-551. Liquidating officer's powers and duties - 32-1-551. Liquidating officer's powers and duties. (1) Except as provided...

32-1-552. Further duties of liquidating officer - 32-1-552. Further duties of liquidating officer. (1) For the purpose...

32-1-553. Department to file inventory -- report required -- exception - 32-1-553. Department to file inventory -- report required -- exception....

32-1-554. through 32-1-560 reserved - 32-1-554 through 32-1-560 reserved.

32-1-561. Definitions - 32-1-561. Definitions. As used in 32-1-562 through 32-1-565, unless the...

32-1-562. Power of department - 32-1-562. Power of department. When the department is of the...

32-1-563. Powers of officers - 32-1-563. Powers of officers. (1) When the officers of a...

32-1-564. Notice of bank closing - 32-1-564. Notice of bank closing. A bank closing an office...

32-1-565. Effect of closing - 32-1-565. Effect of closing. (1) A day on which a...