Montana Code Annotated 2023

TITLE 32. FINANCIAL INSTITUTIONS

CHAPTER 2. MUTUAL SAVINGS AND LOAN ASSOCIATIONS

Part 12. Removal of Directors or Officers

Informal Conferences -- Time For Application

32-2-1203. Informal conferences -- time for application. Within 15 days after service of the notice of charges, either the institution or the department may request an informal conference to discuss the charges and the possible disposition of the charges without a formal hearing process. The conference must be carried out in accordance with the provisions of 2-4-603. Upon a proper showing, the department may withdraw charges and proceedings for a cease and desist order.

History: En. Sec. 125, Ch. 431, L. 2021.