Montana § 30-14-2201 - Title -- Scope
Full text of Montana Montana Code Annotated § 30-14-2201 — Title -- Scope, with citation guidance and answers to common questions.
§ 30-14-2201. Title -- Scope
Title -- scope. (1) This part may be cited as the "Guaranteed Asset Protection Waiver Act". (2) The purpose of this part is to provide a framework within which guaranteed asset protection waivers are defined and may be offered within this state. (3) This part does not apply to: (a) an insurance policy offered by an insurer under the insurance laws of this state; or (b) a debt cancellation or debt suspension contract being offered in compliance with 32-1-429 , 32-3-609 , 12 CFR, part 37 or part 721, or other federal law. (4) Guaranteed asset protection waivers governed by this part are not insurance and are exempt from the insurance laws of this state. Persons that comply with this part in marketing, selling, or offering to sell guaranteed asset protection waivers to borrowers are exempt from this state's insurance licensing requirements.
Frequently Asked Questions About Montana § 30-14-2201
What does Montana Code Annotated § 30-14-2201 cover?
Section 30-14-2201 ("Title -- Scope") 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 § 30-14-2201?
A common citation format is "Montana Code Annotated § 30-14-2201" (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 § 30-14-2201 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.