Dissolution, Closing, and Liquidation

  1. Law
  2. Montana Code Annotated
  3. Financial Institutions
  4. Mutual Savings and Loan Associations
  5. Dissolution, Closing, and Liquidation

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Section
32-2-1001

Dissolution and disincorporation

Section
32-2-1002

Grounds for closing mutual association

Section
32-2-1003

When mutual association insolvent

Section
32-2-1004

Deposits in insolvent mutual associations

Section
32-2-1005

Penalty for receiving deposits when insolvent or for making false statement

Section
32-2-1006

Power of closed mutual associations to borrow money from governmental agencies

Section
32-2-1007

Corporate existence -- cessation

Section
32-2-1008

Taxes on mutual associations that have ceased to do business

Section
32-2-1009

Penalty for maliciously declaring mutual association insolvent

Section
32-2-1010

Resumption after closing

Section
32-2-1011

Powers of department on closing mutual association -- court proceedings

Section
32-2-1012

Recourse of aggrieved mutual association -- injunction

Section
32-2-1013

Department may retain mutual association employees -- liquidating agent's salary and expenses

Section
32-2-1014

Compensation of agents and attorneys

Section
32-2-1015

Notice to creditors of insolvent mutual association

Section
32-2-1016

Claims -- allowance and rejection

Section
32-2-1017

Payment of claims

Section
32-2-1018

Claims -- order of payment -- priorities

Section
32-2-1019

Claims -- partial payments -- assignments

Section
32-2-1020

Deposit of funds in department's hands

Section
32-2-1021

Disposition of unclaimed funds

Section
32-2-1022

Disposition of assets remaining after payment of claims

Section
32-2-1023

Further duties of liquidating officer

Section
32-2-1024

Department to file inventory -- report required -- exception

Section
32-2-1025. through 32-2-1029

reserved

Section
32-2-1030

Definitions

Section
32-2-1031

Power of department

Section
32-2-1032

Powers of officers

Section
32-2-1033

Notice of mutual association closing

Section
32-2-1034

Effect of closing