Montana § 50-4-712 - Experts
Full text of Montana Montana Code Annotated § 50-4-712 — Experts, with citation guidance and answers to common questions.
§ 50-4-712. Experts
Experts. (1) The commissioner or the attorney general, or both, may contract with experts as reasonably necessary to: (a) determine whether to approve a conversion transaction generally; (b) perform an independent valuation of fair market value of the public assets of the transferor; (c) evaluate the impact of the conversion on the affected community; (d) determine whether there has been due diligence by the transferor in evaluating the proposed conversion transaction; and (e) determine the existence of any conflicts of interest. (2) If the commissioner or attorney general contracts for expert assistance under subsection (1), the transferor and the transferee shall each pay half of the costs reasonably incurred by the commissioner or the attorney general for the expert's services.
Frequently Asked Questions About Montana § 50-4-712
What does Montana Code Annotated § 50-4-712 cover?
Section 50-4-712 ("Experts") 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 § 50-4-712?
A common citation format is "Montana Code Annotated § 50-4-712" (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 § 50-4-712 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.