Montana § 32-1-411 - Extent Assets May Be Pledged
Full text of Montana Montana Code Annotated § 32-1-411 — Extent Assets May Be Pledged, with citation guidance and answers to common questions.
§ 32-1-411. Extent Assets May Be Pledged
Extent assets may be pledged. No bank, banker, or bank officer shall, except as otherwise authorized by law, pledge or hypothecate as collateral security for money borrowed its assets in a ratio exceeding 1 1/2 times the amount borrowed (except as otherwise authorized by the department).
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 32-1-411
What does Montana Code Annotated § 32-1-411 cover?
Section 32-1-411 ("Extent Assets May Be Pledged") 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 § 32-1-411?
A common citation format is "Montana Code Annotated § 32-1-411" (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 § 32-1-411 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.