Montana § 32-1-245 - Additional Requirements After Approval Of Application
Full text of Montana Montana Code Annotated § 32-1-245 — Additional Requirements After Approval Of Application, with citation guidance and answers to common questions.
§ 32-1-245. Additional Requirements After Approval Of Application
Additional requirements after approval of application. Following approval of the application, the incorporators must: (1) file a signed original of the articles of incorporation with the department for filing with the secretary of state and pay the filing fee; (2) provide acceptable proof that the capital of the institution has been placed into escrow; (3) if the bank will accept money on deposit, prove that the bank has federal deposit insurance corporation insurance, or provide satisfactory assurance from the federal deposit insurance corporation that the proposed bank will be accepted for insurance when the applicants comply with certain stated minor requirements imposed by the federal deposit insurance corporation. "Minor requirements" must be of a type and character that the commissioner determines can be promptly complied with by the applicants without serious difficulty. (4) provide proposed bylaws that comply with Montana law to the department for review and approval.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 32-1-245
What does Montana Code Annotated § 32-1-245 cover?
Section 32-1-245 ("Additional Requirements After Approval Of Application") 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 § 32-1-245?
A common citation format is "Montana Code Annotated § 32-1-245" (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 § 32-1-245 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.