Montana § 31-1-223 - Department Authorized To Participate In Nationwide Licensing System For Purposes Of Licensing Sales Finance Companies -- Rulemaking
Full text of Montana Montana Code Annotated § 31-1-223 — Department Authorized To Participate In Nationwide Licensing System For Purposes Of Licensing Sales Finance Companies -- Rulemaking, with citation guidance and answers to common questions.
§ 31-1-223. Department Authorized To Participate In Nationwide Licensing System For Purposes Of Licensing Sales Finance Companies -- Rulemaking
Department authorized to participate in nationwide licensing system for purposes of licensing sales finance companies -- rulemaking. (1) The department is authorized to participate in a nationwide licensing system for licensing purposes under this part and may require sales finance companies to apply for licensure in the manner and form that the department may direct. (2) The department may establish requirements through rulemaking as necessary to comply with the protocols and procedures of a nationwide licensing system pertaining to fees, renewal dates, amending or surrendering a license, and any other activity necessary for participation in the nationwide licensing system. (3) The department's portion of the licensing fees collected under this part must be deposited into the department's account in the state special revenue fund to be used for administering this part.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 31-1-223
What does Montana Code Annotated § 31-1-223 cover?
Section 31-1-223 ("Department Authorized To Participate In Nationwide Licensing System For Purposes Of Licensing Sales Finance Companies -- Rulemaking") 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 § 31-1-223?
A common citation format is "Montana Code Annotated § 31-1-223" (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 § 31-1-223 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.