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Montana Code Annotated

Part 10

Dissolution, Closing, and Liquidation

32-2-1001Dissolution and disincorporation 32-2-1002Grounds for closing mutual association 32-2-1003When mutual association insolvent 32-2-1004Deposits in insolvent mutual associations 32-2-1005Penalty for receiving deposits when insolvent or for making false statement 32-2-1006Power of closed mutual associations to borrow money from governmental agencies 32-2-1007Corporate existence -- cessation 32-2-1008Taxes on mutual associations that have ceased to do business 32-2-1009Penalty for maliciously declaring mutual association insolvent 32-2-1010Resumption after closing 32-2-1011Powers of department on closing mutual association -- court proceedings 32-2-1012Recourse of aggrieved mutual association -- injunction 32-2-1013Department may retain mutual association employees -- liquidating agent's salary and expenses 32-2-1014Compensation of agents and attorneys 32-2-1015Notice to creditors of insolvent mutual association 32-2-1016Claims -- allowance and rejection 32-2-1017Payment of claims 32-2-1018Claims -- order of payment -- priorities 32-2-1019Claims -- partial payments -- assignments 32-2-1020Deposit of funds in department's hands 32-2-1021Disposition of unclaimed funds 32-2-1022Disposition of assets remaining after payment of claims 32-2-1023Further duties of liquidating officer 32-2-1024Department to file inventory -- report required -- exception 32-2-1025reserved 32-2-1030Definitions 32-2-1031Power of department 32-2-1032Powers of officers 32-2-1033Notice of mutual association closing 32-2-1034Effect of closing