Statutes > Montana Statutes > TITLE 32. FINANCIAL INSTITUTIONS > CHAPTER 2. BUILDING AND LOAN ASSOCIATIONS > Part 4. Operation and Regulation > 32-2-414. Interest or commissions not included in profits.

32-2-414. Interest or commissions not included in profits.


     32-2-414. Interest or commissions not included in profits. Interest or commissions unpaid, although due or accrued, on debts owing to any building and loan association shall not be included in calculation of its profits.

     History: En. Sec. 40, Ch. 57, L. 1927; re-en. Sec. 6355.41, R.C.M. 1935; R.C.M. 1947, 7-142.