Montana § 80-12-203 - Qualifications Of Applicants
Full text of Montana Montana Code Annotated § 80-12-203 — Qualifications Of Applicants, with citation guidance and answers to common questions.
§ 80-12-203. Qualifications Of Applicants
Qualifications of applicants. (1) To be eligible for a loan approved by the authority for issuance of a bond, an applicant: (a) shall declare the intention to maintain the applicant's residence in Montana during the length of the loan; (b) must have been approved by a financial institution; and (c) must have a net worth not to exceed $450,000. (2) Applications for loans to be approved by the authority for issuance of bonds may be submitted by individuals, partnerships, associations, or joint ventures. All persons involved in the application must meet the requirements of subsection (1). Corporations may not apply.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 80-12-203
What does Montana Code Annotated § 80-12-203 cover?
Section 80-12-203 ("Qualifications Of Applicants") 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 § 80-12-203?
A common citation format is "Montana Code Annotated § 80-12-203" (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 § 80-12-203 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.