Montana § 32-1-403 - Penalty For Transacting Business Without Certificate
Full text of Montana Montana Code Annotated § 32-1-403 — Penalty For Transacting Business Without Certificate, with citation guidance and answers to common questions.
§ 32-1-403. Penalty For Transacting Business Without Certificate
Penalty for transacting business without certificate. (1) A person, domestic or foreign, violating any provision of this section shall forfeit to the state $500 a day for every day or part of a day during which the violation continues. (2) On action brought by the department, the court may issue an injunction restraining a person from further violating any provision of this section and may enter a further order or decree as equity and justice require. (3) A person doing any of the things or transacting any of the business defined in Title 32, chapter 1, shall transact that business according to the provisions of the Bank Act, and the department may examine the accounts, books, papers, cash, and credits of that person, domestic or foreign, in order to ascertain whether that person has violated or is violating any provisions of this section.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 32-1-403
What does Montana Code Annotated § 32-1-403 cover?
Section 32-1-403 ("Penalty For Transacting Business Without Certificate") 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 § 32-1-403?
A common citation format is "Montana Code Annotated § 32-1-403" (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 § 32-1-403 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.