Mont. Code Ann. § 17-6-319

Incentive to financial institution for small business loan participation

Last amended: 1991Year: 2026Length: 90 wordsOfficial source
17-6-319 . Incentive to financial institution for small business loan participation. A financial institution that originates a small business loan no larger than 0.05% of the balance of the Montana permanent coal tax trust fund at the end of the last-completed fiscal year is entitled to an additional service fee in the form of a discount equal to 0.5% of the board's participation in the loan. The board shall consider the additional service fee discount to the financial institution as part of the rate of return provided in 17-6-314 .
Mont. Code Ann. § 17-6-319: Incentive to financial institution for small business loan participation | Justis AI