ARM 2.59.1504

ARM 2.59.1504. OWNERSHIP CHANGE IN THE DEFERRED DEPOSIT LENDER

TransferredLast amended: 2001Length: 50 wordsOfficial source

Cite as Mont. Admin. R. 2.59.1504

(1) In the event there is a change of ownership in a licensee, the owner(s) shall file with the department an application for a new license. For purposes of this rule, a change in ownership includes circumstances when 25% or more of the ownership is transferred to a new owner.
ARM 2.59.1504: ARM 2.59.1504. OWNERSHIP CHANGE IN THE DEFERRED DEPOSIT LENDER | Justis AI