Montana § 30-10-310 - Reporting Requirements
Full text of Montana Montana Code Annotated § 30-10-310 — Reporting Requirements, with citation guidance and answers to common questions.
§ 30-10-310. Reporting Requirements
Reporting requirements. (1) A broker-dealer, investment adviser, investment adviser representative, or other person who has reason to believe fraud has occurred shall report the suspected fraud to the commissioner within 60 days of discovery of the occurrence. (2) A broker-dealer shall make complete disclosure of all employment-related information required to be reported to the national association of securities dealers pursuant to rules and related explanatory materials of that association. (3) A broker-dealer, investment adviser, investment adviser representative, or other person is not liable for any civil claim, including counterclaims, third-party claims, or cross-claims, related to reporting or providing information or otherwise cooperating with an investigation of fraud under this chapter unless the complainant shows by clear and convincing evidence that: (a) the party knew at the time that the statement was made that the statement was false in any material respect; or (b) the party acted in reckless disregard as to the statement's truth or falsity.
Frequently Asked Questions About Montana § 30-10-310
What does Montana Code Annotated § 30-10-310 cover?
Section 30-10-310 ("Reporting Requirements") 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 § 30-10-310?
A common citation format is "Montana Code Annotated § 30-10-310" (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 § 30-10-310 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.