Scope
Known as the Montana Deferred Deposit Loan Act
The act spans §§ 31–31 (24 sections).
Applied in 1 court decision — leading case Montclair v. L.O.I., Inc. (2007)
Most recently applied in Montclair v. L.O.I., Inc. (September 2007)
En
(1) This part applies to deferred deposit lenders and to persons who facilitate, enable, or act as a conduit for persons making deferred deposit loans.
(2) This part does not apply to retail sellers who cash checks incidental to or independent of a sale and who do not charge more than $2 a check for the service.
Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.