Montana § 32-4-101 - Definitions
Full text of Montana Montana Code Annotated § 32-4-101 — Definitions, with citation guidance and answers to common questions.
§ 32-4-101. Definitions
Definitions. As used in this chapter, the following words and phrases, unless differently defined or described, shall have the meanings and references as follows: (1) "board of directors"--the board of directors of a corporation created under this chapter; (2) "corporation"--a Montana development corporation created under this chapter; (3) "financial institution"--any banking corporation or trust company, building and loan association, insurance company or related corporation, partnership, foundation, or other institution engaged primarily in lending or investing funds; (4) "loan limit"--for any member, the maximum amount permitted to be outstanding at one time on loans made by such member to the corporation, as determined under the provisions of this chapter; (5) "member"--any financial institution authorized to do business within this state which shall undertake to lend money to a corporation created under this chapter, upon its call and in accordance with the provisions of this chapter.
Frequently Asked Questions About Montana § 32-4-101
What does Montana Code Annotated § 32-4-101 cover?
Section 32-4-101 ("Definitions") 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 § 32-4-101?
A common citation format is "Montana Code Annotated § 32-4-101" (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 § 32-4-101 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.