Montana § 32-3-212 - Involuntary Merger
Full text of Montana Montana Code Annotated § 32-3-212 — Involuntary Merger, with citation guidance and answers to common questions.
§ 32-3-212. Involuntary Merger
Involuntary merger. The department of administration may initiate the involuntary merger of a credit union that is insolvent or in danger of insolvency with any other credit union or may authorize a credit union to purchase any of the assets of or assume any of the liabilities of any other credit union that is insolvent or in danger of insolvency if the department is satisfied that: (1) an emergency requiring expeditious action exists with respect to a credit union that is insolvent or in danger of insolvency; (2) other alternatives are not reasonably available; and (3) the public interest would best be served by approval of the merger, purchase, or assumption.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 32-3-212
What does Montana Code Annotated § 32-3-212 cover?
Section 32-3-212 ("Involuntary Merger") 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 § 32-3-212?
A common citation format is "Montana Code Annotated § 32-3-212" (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 § 32-3-212 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.