(1) The purpose of these rules is to set forth:
- (a) the procedures for allocating money from the Securities Restitution Fund to the victims of securities fraud in Montana;
- (b) the procedures that victims shall use to apply for compensation from the fund;
- (c) the composition of a recommendation committee and its operating procedures; and
- (d) the method for calculating what percentage of money a victim shall be eligible for when the fund approaches zero.
Authorizing statute(s): 30-10-1008, MCA
Implementing statute(s): 30-10-1006, MCA
History: NEW, 2012 MAR p. 1140, Eff. 6/8/12.