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§ 32-2-1201 — Montana Law | CourtGPT
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  6. Part 12 - Removal of Directors or Officers32-2-1201. Definitions/
  7. § 32-2-1201
Montana Legal Code

§ 32-2-1201

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32-2-1201. Definitions. As used in this part, the following definitions apply: (1) 'Board member' means a member of the board of directors of the institution. (2) 'Cease and desist order that has become final' means a cease and desist order or an order with respect to which: (a) a timely petition for review of the action has not been filed; or (b) the action of the court in which a petition for review has been filed is not subject to further review by the courts of the state. (3) 'Institution' means a state mutual association. (4) 'Violation' includes without limitation any action, alone or with others, that causes, counsels, aids, or abets a violation. History: En. Sec. 123, Ch. 431, L. 2021.

Source: https://mca.legmt.gov/bills/mca/title_0320/chapter_0020/part_0120/section_0010/0320-0020-0120-0010.html· Version 2025