Montana § 69-3-504 - Decision On Petition
Full text of Montana Montana Code Annotated § 69-3-504 — Decision On Petition, with citation guidance and answers to common questions.
§ 69-3-504. Decision On Petition
Decision on petition. After such hearing and upon such notice as the commission may prescribe, the commission shall enter its written order approving the petition and authorizing the proposed securities transactions unless the commission shall find that: (1) such transactions are inconsistent with the public interest; (2) the purpose or purposes thereof are not permitted by this part; or (3) the aggregate amount of the securities outstanding and proposed to be outstanding would exceed the fair value of the properties and business of the public utility.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 69-3-504
What does Montana Code Annotated § 69-3-504 cover?
Section 69-3-504 ("Decision On Petition") 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 § 69-3-504?
A common citation format is "Montana Code Annotated § 69-3-504" (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 § 69-3-504 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.