Montana Code Annotated
Title 32. Financial Institutions
Chapter 5. Consumer Loan Businesses

Part 1. General Provisions

32-5-101. Short title - 32-5-101. Short title. This chapter may be cited as the...

32-5-102. Definitions - 32-5-102. Definitions. For the purposes of this chapter, the following...

32-5-103. Engaging in business of making consumer loans restricted - 32-5-103. Engaging in business of making consumer loans restricted. (1)...

32-5-104. Repealed - 32-5-104. Repealed. Secs. 22, 24(1), Ch. 372, L. 2007. History:...

Part 2. Licensure Requirements

32-5-201. License and renewal application fees - 32-5-201. License and renewal application fees. (1) (a) Each place...

32-5-202. Issuance or denial of license or license renewal - 32-5-202. Issuance or denial of license or license renewal. (1)...

32-5-203. Conduct of other business in same office - 32-5-203. Conduct of other business in same office. A licensee...

32-5-204. Repealed - 32-5-204. Repealed. Sec. 15, Ch. 173, L. 2013. History: En....

32-5-205. Surrender of license - 32-5-205. Surrender of license. A license may be surrendered on...

32-5-206. Termination of license not to affect preexisting contract - 32-5-206. Termination of license not to affect preexisting contract. No...

32-5-207. Notice of violation -- administrative hearing -- penalties -- liability - 32-5-207. Notice of violation -- administrative hearing -- penalties --...

32-5-208. Reinstatement - 32-5-208. Reinstatement. The department may reinstate any revoked license if...

32-5-209. Department authorized to participate in nationwide licensing system for purposes of licensing consumer loan licensees -- rulemaking - 32-5-209. Department authorized to participate in nationwide licensing system for...

Part 3. Operation of Business -- Restrictions and Requirements

32-5-301. Fees charged to consumers - 32-5-301. Fees charged to consumers. (1) A licensee may contract...

32-5-302. Installment and balloon payments - 32-5-302. Installment and balloon payments. (1) Except as provided in...

32-5-303. Borrower to receive copy of contract or statement of contents - 32-5-303. Borrower to receive copy of contract or statement of...

32-5-304. Receipts -- return of note - 32-5-304. Receipts -- return of note. Every licensee shall: (1)...

32-5-305. Confessions of judgment -- incomplete instruments forbidden - 32-5-305. Confessions of judgment -- incomplete instruments forbidden. A licensee...

32-5-306. Insurance -- real property security -- definitions - 32-5-306. Insurance -- real property security -- definitions. (1) Except...

32-5-307. Records to be kept - 32-5-307. Records to be kept. Each licensee shall keep or...

32-5-308. Annual report - 32-5-308. Annual report. (1) A licensee shall file an annual...

32-5-309. Advertising -- limitations - 32-5-309. Advertising -- limitations. No person shall advertise, display, distribute,...

32-5-310. Wage assignments -- limitations - 32-5-310. Wage assignments -- limitations. (1) Subject to the limitations...

32-5-311. Precomputed interest prohibited - 32-5-311. Precomputed interest prohibited. All consumer loans made or refinanced...

32-5-312. through 32-5-320 reserved - 32-5-312 through 32-5-320 reserved.

32-5-321. Repealed - 32-5-321. Repealed. Secs. 22, 24(1), Ch. 372, L. 2007. History:...

32-5-322. Repealed - 32-5-322. Repealed. Secs. 22, 24(1), Ch. 372, L. 2007. History:...

32-5-323. Repealed - 32-5-323. Repealed. Secs. 22, 24(1), Ch. 372, L. 2007. History:...

32-5-324. Repealed - 32-5-324. Repealed. Secs. 22, 24(1), Ch. 372, L. 2007. History:...

Part 4. Enforcement

32-5-401. Department -- powers and duties -- adoption of rules - 32-5-401. Department -- powers and duties -- adoption of rules....

32-5-402. Investigations by department -- subpoenas -- oaths -- examination of witnesses and evidence - 32-5-402. Investigations by department -- subpoenas -- oaths -- examination...

32-5-403. Examinations -- cost - 32-5-403. Examinations -- cost. (1) The department may examine the...

32-5-404. Repealed - 32-5-404. Repealed. Secs. 22, 24(1), Ch. 372, L. 2007. History:...

32-5-405. Injunctions -- receivers - 32-5-405. Injunctions -- receivers. (1) Whenever the department has reasonable...

32-5-406. Repealed - 32-5-406. Repealed. Secs. 22, 24(1), Ch. 372, L. 2007. History:...

32-5-407. Attorney fees -- bad check fee - 32-5-407. Attorney fees -- bad check fee. (1) If provided...

32-5-408. Cease and desist orders - 32-5-408. Cease and desist orders. (1) If the department determines...

32-5-409. Complaint procedure - 32-5-409. Complaint procedure. (1) The department shall maintain a list...

Part 5. Open-End Loans (Repealed)

32-5-501. Repealed - 32-5-501. Repealed. Secs. 22, 24(1), Ch. 372, L. 2007. History:...

32-5-502. Repealed - 32-5-502. Repealed. Secs. 22, 24(1), Ch. 372, L. 2007. History:...

32-5-503. Repealed - 32-5-503. Repealed. Secs. 22, 24(1), Ch. 372, L. 2007. History:...

32-5-504. Repealed - 32-5-504. Repealed. Secs. 22, 24(1), Ch. 372, L. 2007. History:...

32-5-505. Repealed - 32-5-505. Repealed. Secs. 22, 24(1), Ch. 372, L. 2007. History:...

32-5-506. Repealed - 32-5-506. Repealed. Secs. 22, 24(1), Ch. 372, L. 2007. History:...