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

32-2-1206. Informal conferences -- time for application. Within 15 days after service of the notice of charges sent pursuant to 32-2-1205, the board member, officer, or other person 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 2-4-603. Upon a proper showing, the department may withdraw charges and proceedings for a cease and desist order.

History: En. Sec. 128, Ch. 431, L. 2021.