Montana § 17-6-312 - State Participation In Loans
Full text of Montana Montana Code Annotated § 17-6-312 — State Participation In Loans, with citation guidance and answers to common questions.
§ 17-6-312. State Participation In Loans
State participation in loans. (1) Subject to 17-6-311 , state participation in any loan to a business enterprise, except for a loan made pursuant to 17-6-317 or guaranteed by a federal agency, must be limited to 80% of the outstanding loan. The state shall participate in the security for a loan in the same proportion as the loan participation amount. (2) State participation in loans to nonprofit corporations may qualify for the job credit interest rate reductions under 17-6-318 if the interest rate reduction passes through to a for-profit business creating the jobs.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 17-6-312
What does Montana Code Annotated § 17-6-312 cover?
Section 17-6-312 ("State Participation In Loans") 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 § 17-6-312?
A common citation format is "Montana Code Annotated § 17-6-312" (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 § 17-6-312 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.