Montana Administrative Register [electronic Resource] 2007 No 18
Montana Administrative Register [electronic Resource] 2007 No 18
Montana.Secretary of State
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An amendment in this section deleted the annual examination requirement, while leaving the examination frequency at the division's discretion. It is also reasonably necessary that the division's examination verify compliance with any federal laws applicable to deferred deposit loan transactions. It is reasonably necessary for the division to amend section (2) so that the division is not limited in its scope of information utilized in determining compliance with the Montana Deferred Deposit Loan... Act. It is reasonably necessary for the division to propose section (3) in order to ensure that this information is received in a timely manner so that the examination may be concluded and the final report issued to the licensee. 2.59.1506 PROCEDURAL RULES FOR HEARINGS AND DISCOVERY (1) In the case of hearings concerning the issuance, suspension, revocation, or other enforcement actions pertaining to a licensee or unlicensed person or entity : (a) and (2) remain the same. AUTH: 31-1-702, MCA IMP: 31-1-702, 31-1-712, 31-1-713, MCA REASON: It is reasonably necessary for the division to amend ARM 2.59.1 506 in order to be consistent with the language provided in an amendment to 31-1 -71 2, MCA.
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