Montana Code > Title 32 > Chapter 3 > Part 7 – Investments and Reserves
Current as of: 2023 | Check for updates
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Other versions
§ 32-3-701 | Investment of funds — rulemaking |
§ 32-3-702 | Maintenance of regular reserve account |
§ 32-3-703 | Use of regular reserve account |
§ 32-3-704 | Repealed |
§ 32-3-705 | Special reserves |
Terms Used In Montana Code > Title 32 > Chapter 3 > Part 7 - Investments and Reserves
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
- National Credit Union Administration: The federal regulatory agency that charters and supervises federal credit unions. (NCUA also administers the National Credit Union Share Insurance Fund, which insures the deposits of federal credit unions.) Source: OCC
- Several: means two or more. See Montana Code 1-1-201
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
- United States: includes the District of Columbia and the territories. See Montana Code 1-1-201