Montana § 32-2-911 - Investment In Certain Securities -- Rulemaking
Full text of Montana Montana Code Annotated § 32-2-911 — Investment In Certain Securities -- Rulemaking, with citation guidance and answers to common questions.
§ 32-2-911. Investment In Certain Securities -- Rulemaking
Investment in certain securities -- rulemaking. (1) A mutual association may purchase, sell, underwrite, and hold investment securities that are obligations in the form of bonds, notes, or debentures, as provided in rules adopted by the department. In addition, unless limited by the department by rule, a mutual association may purchase, sell, underwrite, and hold those investment securities that are derivative transactions that federal savings associations are expressly authorized to purchase, sell, underwrite, and hold. A mutual association may hold without limit investment securities that are general obligations of the United States, obligations that are guaranteed fully as to principal and interest by the United States, or general obligations of any state. (2) The department may adopt rules to implement this section.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 32-2-911
What does Montana Code Annotated § 32-2-911 cover?
Section 32-2-911 ("Investment In Certain Securities -- 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 § 32-2-911?
A common citation format is "Montana Code Annotated § 32-2-911" (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 § 32-2-911 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.