Montana § 32-1-491 - Destruction Of Records

Full text of Montana Montana Code Annotated § 32-1-491 — Destruction Of Records, with citation guidance and answers to common questions.

§ 32-1-491. Destruction Of Records

Destruction of records. (1) Banks are required to preserve or keep their records of customer accounts for at least 8 years after January 1 of the year following the time that the records are made. However, records showing unpaid balances in favor of depositors of a bank may not be destroyed. Liability may not accrue against a bank destroying any records, except records of which destruction is forbidden by this section, after the expiration of the time provided in this section. (2) The department shall adopt rules providing for retention schedules for bank records other than those records listed in subsection (1).

Source: official Montana text · Last verified 2026-08-27

Frequently Asked Questions About Montana § 32-1-491

What does Montana Code Annotated § 32-1-491 cover?

Section 32-1-491 ("Destruction Of Records") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Montana § 32-1-491?

A common citation format is "Montana Code Annotated § 32-1-491" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Montana law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.

How does Montana § 32-1-491 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Montana.