Rule 2.59.704

Admin. R. Mont. 2.59.704

Escrow Business Bonding

Effective Aug 20, 2004Authorizing statute(s): Sec. 32-7-108, MCA; Implementing statute(s): Sec. 32-7-109, MCAState of Montana

(1) An applicant for an escrow business license shall file with the division of banking and financial institutions a bond in the amount of $100,000 along with the application for licensure.

Authorizing statute(s): Sec. 32-7-108, MCA

Implementing statute(s): Sec. 32-7-109, MCA

History: NEW, 2004 MAR p. 2276, Eff. 8/20/04.