Montana § 80-12-204 - Evaluation Of Applicants
Full text of Montana Montana Code Annotated § 80-12-204 — Evaluation Of Applicants, with citation guidance and answers to common questions.
§ 80-12-204. Evaluation Of Applicants
Evaluation of applicants. (1) The authority shall by rule establish: (a) procedures and standards for evaluating applications for loans to be approved by the authority for issuance of bonds; and (b) a system for evaluating the applicants, considering the following criteria: (i) the applicant's net worth; (ii) the applicant's access to livestock and machinery; (iii) the applicant's training and experience in agriculture; (iv) the applicant's prospects for succeeding in an agricultural operation on the land proposed for purchase; and (v) any other factors it may prescribe. (2) The authority shall select the best qualified and most deserving applicants from among those applying for approval of loans for issuance of bonds. (3) The authority may seek the advice of such lenders as the farmers home administration, the production credit association, the federal land bank, private lenders, or similar organizations in Montana and coordinate its program through these organizations.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 80-12-204
What does Montana Code Annotated § 80-12-204 cover?
Section 80-12-204 ("Evaluation 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 § 80-12-204?
A common citation format is "Montana Code Annotated § 80-12-204" (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 § 80-12-204 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.