Montana § 32-3-1008 - Concealing Actions From Directors
Full text of Montana Montana Code Annotated § 32-3-1008 — Concealing Actions From Directors, with citation guidance and answers to common questions.
§ 32-3-1008. Concealing Actions From Directors
Concealing actions from directors. (1) An officer or employee of a credit union who intentionally conceals from the directors or a committee of the directors any of the actions under subsection (2) may be charged with a misdemeanor, and upon being found guilty or pleading guilty is subject for each offense to a term of not more than 12 months in the county jail or a fine by the department of administration of not more than $500, or both. (2) The following actions intentionally concealed from the directors are violations of this chapter: (a) providing a discount, an extension of credit, or a loan made on behalf of the credit union; or (b) purchasing a security, selling any of the credit union's securities, or making any guarantee, repurchase agreement, or other agreement obligating the credit union.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 32-3-1008
What does Montana Code Annotated § 32-3-1008 cover?
Section 32-3-1008 ("Concealing Actions From Directors") 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 § 32-3-1008?
A common citation format is "Montana Code Annotated § 32-3-1008" (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 § 32-3-1008 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.