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Mont. Code Ann. § 32-3-1003

Penalty for false statements or entries to books and records

Known as the Montana Credit Union Act

The act spans §§ 32-3-1001 to 32-3-903 (102 sections).

En

(1) The department of administration may impose a fine not exceeding $50,000 on a director, an executive officer, an agent, or an employee of a credit union who willfully and knowingly:

(a) makes or subscribes a false statement of facts, statement of account, or report; or

(b) makes a false entry in the books of the credit union or knowingly subscribes or exhibits false papers with the intent to deceive a person authorized to examine the credit union.

(2) The fines must be deposited in the general fund.

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.