reglab/statecodes huggingface dataset:
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.5 - Rules Governing The Montana Economic Development Bond Program › Rule 8.97.511 - CLOSING OF LOANS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1504, MCA; IMP, Sec.
					 17-5-1504,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.5 - Rules Governing The Montana Economic Development Bond Program › Rule 8.97.512 - TAXABLE REVENUE BOND PROGRAM (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1504, MCA; IMP, Sec.
					 17-5-1506,
					 17-5-1527,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.701 - DEFINITIONS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1606 &
					 17-5-1611,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.702 - SCOPE OF SUB-CHAPTER 7 (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1606 &
					 17-5-1611,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.703 - DESCRIPTION OF MUNICIPAL FINANCE CONSOLIDATION ACT PROGRAM (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1602,
					 17-5-1606,
					 17-5-1611,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.704 - THE MUNICIPAL BOND PROGRAM (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1606,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.705 - APPLICATION PROCEDURE (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1611,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.706 - CRITERIA FOR EVALUATION OF APPLICATIONS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1611,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.707 - AGREEMENTS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1609,
					 17-5-1611,
					 17-5-1643,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.708 - FINANCIAL REQUIREMENTS AND COVENANTS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1611,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.709 - TERMS, INTEREST RATES, FEES AND CHARGES (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1611,
					 17-5-1643,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.710 - RESERVE FUND (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1611,
					 17-5-1630,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.711 - CLOSING REQUIREMENTS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1611,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.715 - DEFINITIONS

Current through Register Vol. 13, July 5, 2024
For the purposes of this subchapter, the following
				  definitions apply:
(1) "Act" means the
				Municipal Finance Consolidation Act of 1983 as set forth in Title 17, chapter
				5, part 16, MCA.
(2) "Bond" means
				any bond or note issued by the board pursuant to Title 17, chapter 5, part 16,
				MCA.
(3) "Eligible government unit"
				means eligible government unit as defined in
				17-5-1604(3),
				MCA.
(4) "INTERCAP revolving
				program" or "INTERCAP program" means the intermediate term capital program
				administered by the board pursuant to Title 17, chapter 5, part 16,
				MCA.
(5) "Loan agreement" means the
				agreement, including the exhibits attached thereto and the security instrument,
				if any, between the borrower and the board or the bond or note resolution of
				the eligible government unit, all as originally executed or from time to time
				supplemented, modified or amended in accordance with the terms of the
				agreement, or the resolution, respectively.
(6) "Obligation" means any bond, note or bond
				anticipation note issued by an eligible government unit and payable from taxes,
				funds, special assessments, revenues derived from an enterprise owned by the
				eligible government unit, or any combination thereof.
(7) "Program(s)" include, but are not limited
				to, the INTERCAP revolving loan program and other board programs developed
				pursuant to the Act.
(8) "Reserve
				fund" means the Municipal Finance Consolidation Act reserve fund, as defined in
				17-5-1604, MCA, and created by the
				board pursuant to
				17-5-1630, MCA.
(9) "Short term obligation" means any
				obligation with an actual or stated term of less than 12
				months.
AUTH:
					 17-5-1605, MCA; IMP:
					 17-5-1606,
					 17-5-1611,
					 MCA
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.716 - SCOPE OF SUBCHAPTER 7

Current through Register Vol. 13, July 5, 2024
(1) This subchapter
				shall govern the submittal of and processing of applications to the board for
				financing and the purchase of obligations under the Act including, but not
				limited to, the INTERCAP revolving program 8.97.910
				8.97.920.
AUTH:
					 17-5-1605, MCA; IMP,
					 17-5-1606,
					 17-5-1611,
					 MCA
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.717 - DESCRIPTION OF MUNICIPAL FINANCE CONSOLIDATION ACT PROGRAMS (REPEALED)

Current through Register Vol. 13, July 5, 2024
AUTH:
					 17-5-1605, MCA; IMP:
					 17-5-1602,
					 17-5-1606,
					 17-5-1611,
					 MCA
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.718 - APPLICATION PROCEDURE

Current through Register Vol. 13, July 5, 2024
(1) An eligible
				government unit may apply for financing under a program by submitting an
				application to the board on a form provided by the board. The form shall elicit
				sufficient information to enable the board to determine whether the eligible
				government unit and the proposed loan meets the requirements of
				17-5-1611(8),
				MCA.
(2) The bond program office of
				the board shall review the application to determine whether the application is
				complete. The bond program office may request the eligible government unit to
				provide additional information relevant to the evaluation of the application.
				Upon a determination by the bond program office that the application is
				complete, the executive director and bond program office may approve the loan,
				if authorized by these rules or board policy or make a recommendation to the
				board for action on the application. The executive director shall have final
				discretion to refer any application to the board for its approval.
(3) If the application is approved, the bond
				program office shall notify the eligible government unit of the terms and
				conditions of the loan.
AUTH:
					 17-5-1605, MCA; IMP:
					 17-5-1611,
					 MCA
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.719 - CRITERIA FOR EVALUATION OF ALL PROGRAM APPLICATIONS (REPEALED)

Current through Register Vol. 13, July 5, 2024
AUTH:
					 17-5-1605, MCA; IMP:
					 17-5-1611,
					 MCA
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.720 - AGREEMENTS

Current through Register Vol. 13, July 5, 2024
(1) Upon approval of an application, the
				board may enter into a commitment agreement or may proceed to make the approved
				loan.
(2) A loan agreement must be
				executed and delivered prior to disbursement of any loan funds. The loan
				agreement must contain the pledges, agreements and covenants necessary and
				appropriate to the type of loan being made and the project being
				financed.
(3) Prior to closing of
				the loan, an eligible government unit may withdraw its application for a loan
				for any reason. If an application is withdrawn, the commitment fee will be
				returned to the eligible government unit.
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1609,
					 17-5-1611,
					 17-5-1643,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.721 - FINANCIAL REQUIREMENTS AND COVENANTS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1611,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.722 - GENERAL TERM, INTEREST RATES, FEES AND CHARGES

Current through Register Vol. 13, July 5, 2024
(1) The board may require an eligible
				government unit to pay interest on its obligations at a rate or rates
				sufficient to enable the board to pay debt service on any bonds or notes issued
				by the board, to reimburse the board for its administrative costs incurred in
				undertaking the program and its general operating and administrative expenses
				and to provide a reasonable allowance for losses that may be incurred in the
				program, including funding the reserve fund.
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1611,
					 17-5-1630,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.723 - RESERVE FUND (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1611,
					 17-5-1630,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.7 - Municipal Finance Consolidation Program › Rule 8.97.724 - CLOSING REQUIREMENTS

Current through Register Vol. 13, July 5, 2024
(1) Prior to the
				board funding a loan, the eligible government unit shall provide the following:
(a) a complete transcript of all proceedings,
				if applicable, taken by the eligible government unit in connection with the
				authorization, issuance and sale of the obligations and security therefor,
				certified by the recording officer of the eligible government unit;
(b) certificates of the duly-authorized
				representatives of the eligible government unit as to the absence of litigation
				and the application to be made of the proceeds of the obligations;
(c) a legal opinion acceptable to the board
				as to the due and proper authorization and validity of the obligations and the
				security thereof; and
(d) such
				other items as may be requested by the board or its counsel.
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.8 - Montana Capital Companies › Rule 8.97.801 - PURPOSE (REPEALED)

Current through Register Vol. 13, July 5, 2024
90-8-105, MCA; IMP,
					 90-8-103,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.8 - Montana Capital Companies › Rule 8.97.802 - DEFINITIONS (REPEALED)

Current through Register Vol. 13, July 5, 2024
90-8-105, MCA; IMP,
					 90-8-101,
					 90-8-104,
					 90-8-201,
					 90-8-202,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.8 - Montana Capital Companies › Rule 8.97.803 - APPLICATION PROCEDURE TO BECOME A "CERTIFIED" MONTANA CAPITAL COMPANY (REPEALED)

Current through Register Vol. 13, July 5, 2024
90-8-105, MCA; IMP,
					 90-8-202,
					 90-8-204,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.8 - Montana Capital Companies › Rule 8.97.804 - APPLICATION PROCEDURE TO BECOME A "QUALIFIED" MONTANA CAPITAL COMPANY (REPEALED)

Current through Register Vol. 13, July 5, 2024
90-8-105, MCA; IMP,
					 90-8-201,
					 90-8-202,
					 90-8-204,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.8 - Montana Capital Companies › Rule 8.97.805 - COMPLETED APPLICATION DATE (REPEALED)

Current through Register Vol. 13, July 5, 2024
90-8-105, MCA; IMP,
					 90-8-201,
					 90-8-202,
					 90-8-204,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.8 - Montana Capital Companies › Rule 8.97.806 - AMENDMENT OF APPLICATION (REPEALED)

Current through Register Vol. 13, July 5, 2024
90-8-105, MCA; IMP,
					 90-8-201,
					 90-8-202,
					 90-8-204,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.8 - Montana Capital Companies › Rule 8.97.807 - ALLOCATION OF TAX CREDITS (REPEALED)

Current through Register Vol. 13, July 5, 2024
90-8-105, MCA; IMP,
					 90-8-202,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.8 - Montana Capital Companies › Rule 8.97.808 - QUARTERLY REPORTING OF QUALIFIED INVESTMENTS (REPEALED)

Current through Register Vol. 13, July 5, 2024
90-8-105, MCA; IMP,
					 90-8-104,
					 90-8-312,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.8 - Montana Capital Companies › Rule 8.97.809 - RESERVATION OF TAX CREDITS (REPEALED)

Current through Register Vol. 13, July 5, 2024
90-8-105, MCA; IMP,
					 90-8-202,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.9 - Montana Cash Anticipation Financing Program › Rule 8.97.901 - THE MONTANA CASH ANTICIPATION FINANCING PROGRAM (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1606,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.9 - Montana Cash Anticipation Financing Program › Rule 8.97.902 - APPLICATION PROCEDURE FOR THE MONTANA CASH ANTICIPATION FINANCING PROGRAM (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1611,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.9 - Montana Cash Anticipation Financing Program › Rule 8.97.903 - FINANCIAL REQUIREMENTS AND COVENANTS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1611,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.9 - Montana Cash Anticipation Financing Program › Rule 8.97.904 - TERMS, INTEREST RATES, FEES AND CHARGES AND CLOSING REQUIREMENTS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1611,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.9 - Montana Cash Anticipation Financing Program › Rule 8.97.910 - INTERCAP PROGRAM - PURPOSE (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1606,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.9 - Montana Cash Anticipation Financing Program › Rule 8.97.911 - INTERCAP PROGRAM - ELIGIBLE GOVERNMENT UNIT'S BORROWING AUTHORITY (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1606,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.9 - Montana Cash Anticipation Financing Program › Rule 8.97.912 - INTERCAP PROGRAM - ELIGIBILITY FOR PARTICIPATION (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1606,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.9 - Montana Cash Anticipation Financing Program › Rule 8.97.913 - INTERCAP PROGRAM - ADDITIONAL PROGRAM REQUIREMENTS - INTERCAP-EZ PROGRAM (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1606,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.9 - Montana Cash Anticipation Financing Program › Rule 8.97.914 - INTERCAP PROGRAM - ORIGINATION FEE (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1611,
					 17-5-1643,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.9 - Montana Cash Anticipation Financing Program › Rule 8.97.915 - INTERCAP PROGRAM - LOAN TERMS, INTEREST RATES, FEES AND CHARGES (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1606,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.9 - Montana Cash Anticipation Financing Program › Rule 8.97.916 - INTERCAP PROGRAM - SHORT-TERM LOANS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1606,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.9 - Montana Cash Anticipation Financing Program › Rule 8.97.917 - INTERCAP PROGRAM - GENERAL OBLIGATION BONDED DEBT - DESCRIPTION - REQUIREMENTS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1606,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.9 - Montana Cash Anticipation Financing Program › Rule 8.97.918 - INTERCAP PROGRAM - REVENUE OBLIGATION - TAX BACKED REVENUE OBLIGATIONS - DESCRIPTION - REQUIREMENTS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1606,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.9 - Montana Cash Anticipation Financing Program › Rule 8.97.919 - INTERCAP PROGRAM - SPECIAL IMPROVEMENT BOND DEBT - DESCRIPTION - REQUIREMENTS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1606,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.9 - Montana Cash Anticipation Financing Program › Rule 8.97.920 - INTERCAP PROGRAM - REVENUE BONDS SPECIAL DISTRICTS - COUNTY WATER AND SEWER DISTRICTS - VOTED DEBT AND NON-VOTED DEBT - DESCRIPTION - REQUIREMENTS - COUNTY HOSPITAL DISTRICTS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1606,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.9 - Montana Cash Anticipation Financing Program › Rule 8.97.921 - INTERCAP PROGRAM - OTHER LOANS; LIMITS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1605, MCA; IMP, Sec.
					 17-5-1606,
					 17-5-1611,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.10 - Rules Transferred from the Department of Administration › Rule 8.97.1001 - ORGANIZATIONAL RULE (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 2-4-201, MCA; IMP, Sec.
					 2-4-201,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.10 - Rules Transferred from the Department of Administration › Rule 8.97.1002 - MODEL PROCEDURAL RULE (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 2-4-201, MCA; IMP, Sec.
					 2-4-201,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.10 - Rules Transferred from the Department of Administration › Rule 8.97.1003 - INVESTMENT POLICY (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-6-201, MCA; IMP, Title 17,
					 Chapter 6, MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.10 - Rules Transferred from the Department of Administration › Rule 8.97.1004 - MAXIMUM DEMAND DEPOSIT ACCOUNT BALANCE (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-6-201, MCA; IMP, Title 17,
					 Chapter 6, MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.10 - Rules Transferred from the Department of Administration › Rule 8.97.1005 - MINIMUM CERTIFICATE OF DEPOSIT (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-6-201, MCA; IMP, Title 17,
					 Chapter 6, MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.10 - Rules Transferred from the Department of Administration › Rule 8.97.1006 - MORTGAGE PURCHASE POLICY (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-6-201, MCA; IMP, Title 17,
					 Chapter 6, MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.11 - Organizational Rules (Repealed) › Rule 8.97.1101 - ORGANIZATIONAL RULE (REPEALED)

Current through Register Vol. 13, July 5, 2024
AUTH:
					 2-4-201,
					 17-6-201,
					 17-6-324, MCA; IMP:
					 2-4-201,
					 17-6-201,
					 17-6-324,
					 MCA
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.12 - Citizen Participation Rules and Procedural Rules › Rule 8.97.1201 - CITIZEN PARTICIPATION RULES

Current through Register Vol. 13, July 5, 2024
Sec.
					 2-4-201,
					 17-6-324, MCA; IMP, Sec.
					 2-4-201,
					 17-6-324,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.12 - Citizen Participation Rules and Procedural Rules › Rule 8.97.1202 - PROCEDURAL RULES

Current through Register Vol. 13, July 5, 2024
Sec.
					 2-4-201,
					 17-6-324, MCA; IMP, Sec.
					 2-4-201,
					 17-6-324,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.13 - General Requirements for All Investments in Mortgages and Loans › Rule 8.97.1301 - DEFINITIONS

Current through Register Vol. 13, July 5, 2024
(1) "Board" or "board of investments" means
				the board of investments created in
				2-15-1808, MCA.
(2) "Loan program" means loans funded from
				the Montana permanent coal tax trust pursuant to
				17-6-305 and
				17-6-308, MCA.
(3) "Basic sector of the economy" businesses
				as envisioned in
				17-6-309, MCA, means:
(a) business activity conducted in the state
				that produces goods and services for which 50% or more of the gross revenues
				are derived from out-of-state sources; or
(b) business activity conducted in-state that
				produces goods and services, 50% or more of which will be purchased by in-state
				residents in lieu of like or similar goods and services which would otherwise
				be purchased from out-of-state sources.
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.13 - General Requirements for All Investments in Mortgages and Loans › Rule 8.97.1302 - SELLER/SERVICER APPROVAL PROCEDURES - GENERAL REQUIREMENTS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1521,
					 17-6-324, MCA; IMP, Sec.
					 17-5-1521,
					 17-6-211,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.13 - General Requirements for All Investments in Mortgages and Loans › Rule 8.97.1303 - FORWARD COMMITMENT FEES AND YIELD REQUIREMENTS FOR ALL LOANS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1504,
					 17-5-1521,
					 17-6-311,
					 17-6-315,
					 17-6-324, MCA; IMP, Sec.
					 17-5-1504,
					 17-5-1521,
					 17-6-211,
					 17-6-304,
					 17-6-308,
					 17-6-315,
					 17-6-324,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.13 - General Requirements for All Investments in Mortgages and Loans › Rule 8.97.1304 - CONFIDENTIALITY OF INFORMATION (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1504,
					 17-5-1521,
					 17-6-324, MCA; IMP, Sec.
					 17-5-1504,
					 17-5-1521,
					 17-6-324,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.13 - General Requirements for All Investments in Mortgages and Loans › Rule 8.97.1305 - APPLICATION PROCEDURE (REPEALED)

Current through Register Vol. 13, July 5, 2024
The portion of this rule implementing
					 17-6-201, MCA, is advisory only
					 but may be a correct interpretation of this section, Sec.
					 17-5-1504,
					 17-5-1521, MCA; IMPLIED, Sec.
					 17-6-201,
					 17-6-324, MCA; IMP, Sec.
					 17-5-1504,
					 17-5-1521,
					 17-6-201,
					 17-6-324,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.13 - General Requirements for All Investments in Mortgages and Loans › Rule 8.97.1306 - FALSE OR MISLEADING STATEMENTS (REPEALED)

Current through Register Vol. 13, July 5, 2024
The portion of this rule implementing
					 17-6-201, MCA, is advisory only
					 but may be a correct interpretation of this section, Sec.
					 17-5-1504,
					 17-5-1521, MCA; IMPLIED, Sec.
					 17-6-201,
					 17-6-324, MCA; IMP, Sec.
					 17-5-1504,
					 17-5-1521,
					 17-6-201,
					 17-6-324,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.13 - General Requirements for All Investments in Mortgages and Loans › Rule 8.97.1307 - REVIEW OF APPLICATION AND APPEAL PROCEDURES (REPEALED)

Current through Register Vol. 13, July 5, 2024
The portion of this rule implementing
					 17-6-201, MCA, is advisory only
					 but may be a correct interpretation of this section, Sec.
					 17-5-1504,
					 17-5-1521, MCA; IMPLIED, Sec.
					 17-6-201,
					 17-6-324, MCA; IMP, Sec.
					 17-5-1504,
					 17-5-1521,
					 17-6-201,
					 17-6-324,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.13 - General Requirements for All Investments in Mortgages and Loans › Rule 8.97.1308 - AUTHORIZED LOAN TYPES

Current through Register Vol. 13, July 5, 2024
(1) The loan
				program includes the following types of loans for the Montana coal tax trust
				fund:
(a) federally guaranteed loans up to
				100% of the guaranteed interest of loans guaranteed by the United States or any
				agency or instrumentality of the United States, including, but not limited to,
				the small business administration, the U.S. department of agriculture and the
				federal aviation administration;
(b) participation loans up to 80% in loans to
				Montana businesses. The board's security in a participation loan must be in the
				same proportion as the loan participation amount;
(c) linked deposit loans with financial
				institutions that utilize the deposits to fund loans to businesses. The
				financial institution retains all risk on loans financed with the proceeds of a
				linked deposit and the deposits are subject to the collateral and pledging
				requirements provided in
				17-6-101 through
				17-6-105, MCA, or such other
				collateral and pledging requirements as may be necessary to secure the
				deposits; and
(d) infrastructure
				loans to local governments to finance infrastructure provided to businesses
				creating permanent, full-time jobs in the basic sector of the Montana economy.
				The local government borrower must demonstrate that the business for whom the
				infrastructure is provided has the ability to repay the loan upon the terms and
				conditions set by the board.
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.13 - General Requirements for All Investments in Mortgages and Loans › Rule 8.97.1309 - AUTHORIZED APPLICANTS

Current through Register Vol. 13, July 5, 2024
(1) Except for
				infrastructure loans, the board is precluded from lending directly to borrowers
				by 17-6-201(3) (d),
				MCA. Financial institutions are authorized to apply for federally guaranteed,
				participation and linked deposit loans. Borrowers, including non-profit
				corporations, may only access these loans through a financial institution.
				Local governments may apply directly for infrastructure loans.
Sec.
					 17-6-324,
					 17-6-308, MCA; IMP, Sec.
					 17-6-308,
					 17-6-313,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.13 - General Requirements for All Investments in Mortgages and Loans › Rule 8.97.1310 - LOAN PROGRAM POLICIES

Current through Register Vol. 13, July 5, 2024
(1) The board shall
				adopt underwriting policies, procedures and criteria for the various types of
				loans it authorizes in the loan program. All policies, procedures and criteria
				must be approved at regularly scheduled board meetings. Policies and procedures
				developed and approved by the board may include, but are not limited to:
(a) seller/servicer approval criteria and
				procedures, including the application form;
(b) seller/servicer agreement forms,
				providing for loan servicing, loan monitoring, foreclosure procedures and
				suspension/revocation of seller/servicer approval;
(c) loan application forms and the type of
				information required on the application;
(d) how loan commitments are made and for
				what periods of time;
(e) the
				establishment of commitment fees, when those fees may be waived and what, if
				any, portion of the fee is retained if the loan application is rejected or
				withdrawn;
(f) the parameters and
				criteria for setting loan interest rates;
(g) the development and approval of loan
				underwriting policies for the various types of loans authorized by the board,
				including the level of authority granted staff to approve loans, and any
				appeals process available to loan applicants whose application is
				rejected;
(h) the setting of fees
				of interest rate buy-downs, loan assumptions and/or loan
				modifications;
(i) a definition of
				small and medium sized businesses, if required; and
(j) criteria for consideration of loans to
				non-profit corporations.
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.14 - Requirements for All Residential, Commercial, Multi-Family, Federally Guaranteed Loans and Economic Development Linked Deposit Programs › Rule 8.97.1401 - RESIDENTIAL LOAN PROGRAMS - GENERAL REQUIREMENTS (REPEALED)

Current through Register Vol. 13, July 5, 2024
The portion of this rule implementing
					 17-6-201, MCA, is advisory only
					 but may be a correct interpretation of this section, Sec.
					 17-5-1504,
					 17-5-1521, MCA; IMPLIED, Sec.
					 17-6-201,
					 17-6-324, MCA; IMP, Sec.
					 17-5-1504,
					 17-5-1521,
					 17-6-201,
					 17-6-324,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.14 - Requirements for All Residential, Commercial, Multi-Family, Federally Guaranteed Loans and Economic Development Linked Deposit Programs › Rule 8.97.1402 - APPRAISALS (REPEALED)

Current through Register Vol. 13, July 5, 2024
The portion of this rule implementing
					 17-6-201, MCA, is advisory only
					 but may be a correct interpretation of this section, Sec.
					 17-5-1504,
					 17-5-1521, MCA; IMPLIED, Sec.
					 17-6-201,
					 17-6-324, MCA; IMP, Sec.
					 17-5-1504,
					 17-5-1521,
					 17-6-201,
					 17-6-324,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.14 - Requirements for All Residential, Commercial, Multi-Family, Federally Guaranteed Loans and Economic Development Linked Deposit Programs › Rule 8.97.1403 - CONVENTIONAL LOAN PROGRAM - GENERAL REQUIREMENTS (REPEALED)

Current through Register Vol. 13, July 5, 2024
The portion of this rule implementing
					 17-6-201, MCA, is advisory only
					 but may be a correct interpretation of this section, Sec.
					 17-6-201, MCA; IMPLIED, Sec.
					 17-6-201,
					 17-6-324, MCA; IMP, Sec.
					 17-6-201,
					 17-6-211,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.14 - Requirements for All Residential, Commercial, Multi-Family, Federally Guaranteed Loans and Economic Development Linked Deposit Programs › Rule 8.97.1404 - CONVENTIONAL LOAN PROGRAM - PURPOSE AND LOAN RESTRICTIONS (REPEALED)

Current through Register Vol. 13, July 5, 2024
The portion of this rule implementing
					 17-6-201, MCA, is advisory only
					 but may be a correct interpretation of the law, Sec.
					 17-6-201, MCA; IMPLIED, Sec.
					 17-6-201,
					 17-6-324, MCA; IMP, Sec.
					 17-6-201,
					 17-6-211,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.14 - Requirements for All Residential, Commercial, Multi-Family, Federally Guaranteed Loans and Economic Development Linked Deposit Programs › Rule 8.97.1405 - CONVENTIONAL LOAN PROGRAMS - OFFERING CHECKLIST (REPEALED)

Current through Register Vol. 13, July 5, 2024
The portion of this rule implementing
					 17-6-201, MCA, is advisory only
					 but may be a correct interpretation of this section, Sec.
					 17-6-201, MCA; IMPLIED, Sec.
					 17-6-201,
					 17-6-324, MCA; IMP, Sec.
					 17-6-201,
					 17-6-211,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.14 - Requirements for All Residential, Commercial, Multi-Family, Federally Guaranteed Loans and Economic Development Linked Deposit Programs › Rule 8.97.1406 - FHA AND VA LOAN PROGRAMS - GENERAL REQUIREMENTS (REPEALED)

Current through Register Vol. 13, July 5, 2024
The portion of this rule implementing
					 17-6-201, MCA, is advisory only
					 but may be a correct interpretation of this section, IMPLIED, Sec.
					 17-6-201,
					 17-6-324, MCA; IMP, Sec.
					 17-6-201,
					 17-6-211,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.14 - Requirements for All Residential, Commercial, Multi-Family, Federally Guaranteed Loans and Economic Development Linked Deposit Programs › Rule 8.97.1407 - FHA AND VA LOAN PROGRAMS - OFFERING CHECKLIST (REPEALED)

Current through Register Vol. 13, July 5, 2024
The portion of this rule implementing
					 17-6-201, MCA, is advisory only
					 but may be a correct interpretation of this section, IMPLIED, Sec.
					 17-6-201,
					 17-6-324, MCA; IMP, Sec.
					 17-6-201,
					 17-6-211,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.14 - Requirements for All Residential, Commercial, Multi-Family, Federally Guaranteed Loans and Economic Development Linked Deposit Programs › Rule 8.97.1408 - FEDERALLY GUARANTEED LOAN PROGRAMS - GENERAL REQUIREMENTS (REPEALED)

Current through Register Vol. 13, July 5, 2024
The portion of this rule implementing
					 17-6-201, MCA, is advisory only
					 but may be a correct interpretation of this section, IMPLIED, Sec.
					 17-6-201,
					 17-6-324, MCA; IMP, Sec.
					 17-6-201,
					 17-6-211,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.14 - Requirements for All Residential, Commercial, Multi-Family, Federally Guaranteed Loans and Economic Development Linked Deposit Programs › Rule 8.97.1409 - FEDERALLY GUARANTEED LOAN PROGRAMS - OFFERING CHECKLIST (REPEALED)

Current through Register Vol. 13, July 5, 2024
The portion of this rule implementing
					 17-6-201, MCA, is advisory only
					 but may be a correct interpretation of this section, IMPLIED, Sec.
					 17-6-201,
					 17-6-324, MCA; IMP, Sec.
					 17-6-201,
					 17-6-211,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.14 - Requirements for All Residential, Commercial, Multi-Family, Federally Guaranteed Loans and Economic Development Linked Deposit Programs › Rule 8.97.1410 - LOAN PROGRAMS FOR COMMERCIAL, MULTI-FAMILY AND NON-PROFIT CORPORATIONS - GENERAL REQUIREMENTS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1504,
					 17-5-1521,
					 17-6-308,
					 17-6-315,
					 17-6-324, MCA; IMP, Sec.
					 17-5-1504,
					 17-5-1521,
					 17-6-211,
					 17-6-308,
					 17-6-315,
					 17-6-324,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.14 - Requirements for All Residential, Commercial, Multi-Family, Federally Guaranteed Loans and Economic Development Linked Deposit Programs › Rule 8.97.1411 - LOAN PROGRAMS FOR COMMERCIAL, MULTI-FAMILY AND NON-PROFIT CORPORATIONS - TERMS AND LOAN LIMITS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1503,
					 17-5-1521,
					 17-6-308,
					 17-6-324, MCA; IMP, Sec.
					 17-5-1504,
					 17-5-1521,
					 17-6-211,
					 17-6-308,
					 17-6-324,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.14 - Requirements for All Residential, Commercial, Multi-Family, Federally Guaranteed Loans and Economic Development Linked Deposit Programs › Rule 8.97.1412 - LOAN PROGRAMS FOR COMMERCIAL, MULTI-FAMILY AND NON-PROFIT CORPORATIONS - OFFERING CHECKLIST (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1504,
					 17-5-1521,
					 17-6-308,
					 17-6-324, MCA; IMP, Sec.
					 17-5-1504,
					 17-5-1521,
					 17-6-304,
					 17-6-305,
					 17-6-308,
					 17-6-314,
					 17-6-324,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.14 - Requirements for All Residential, Commercial, Multi-Family, Federally Guaranteed Loans and Economic Development Linked Deposit Programs › Rule 8.97.1413 - ECONOMIC DEVELOPMENT LINKED DEPOSIT PROGRAM - GENERAL REQUIREMENTS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-6-324, MCA; IMP, Sec.
					 17-6-324,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.14 - Requirements for All Residential, Commercial, Multi-Family, Federally Guaranteed Loans and Economic Development Linked Deposit Programs › Rule 8.97.1414 - CONVENTIONAL, FHA, VA, COMMERCIAL AND MULTI-FAMILY LOAN PROGRAMS - ASSUMPTIONS (REPEALED)

Current through Register Vol. 13, July 5, 2024
The portion of this rule implementing
					 17-6-201, MCA, is advisory only
					 but may be a correct interpretation of this section, Sec.
					 17-5-1504,
					 17-5-1521,
					 17-6-201, MCA; IMPLIED, Sec.
					 17-6-201,
					 17-6-315,
					 17-6-324, MCA; IMP, Sec.
					 17-5-1504,
					 17-5-1521,
					 17-6-201,
					 17-6-211,
					 17-6-315,
					 17-6-324,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.14 - Requirements for All Residential, Commercial, Multi-Family, Federally Guaranteed Loans and Economic Development Linked Deposit Programs › Rule 8.97.1415 - SELLER/SERVICER - LOAN DELINQUENCY FOR RESIDENTIAL, COMMERCIAL AND MULTI-FAMILY (REPEALED)

Current through Register Vol. 13, July 5, 2024
The portion of this rule implementing
					 17-6-201, MCA, is advisory only
					 but may be a correct interpretation of this section, Sec.
					 17-5-1504,
					 17-5-1521, MCA; IMPLIED, Sec.
					 17-6-201,
					 17-6-324, MCA; IMP, Sec.
					 17-5-1501,
					 17-5-1521,
					 17-6-201,
					 17-6-324,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.14 - Requirements for All Residential, Commercial, Multi-Family, Federally Guaranteed Loans and Economic Development Linked Deposit Programs › Rule 8.97.1416 - SELLER/SERVICER - LOAN FORECLOSURE FOR RESIDENTIAL, COMMERCIAL AND MULTI-FAMILY (REPEALED)

Current through Register Vol. 13, July 5, 2024
The portion of this rule implementing
					 17-6-201, MCA, is advisory only
					 but may be a correct interpretation of this section, Sec.
					 17-5-1504,
					 17-5-1521, MCA; IMPLIED, Sec.
					 17-6-201,
					 17-6-324, MCA; IMP, Sec.
					 17-5-1501,
					 17-5-1521,
					 17-6-201,
					 17-6-324,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.15 - Additional Requirements for Commercial, Multi-Family Federally Guaranteed Loans and Economic Development Linked Deposits (Repealed) › Rule 8.97.1501 - INVESTMENT POLICY, CRITERIA AND PREFERENCES (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-6-308,
					 17-6-324, MCA; IMP, Sec.
					 17-6-304,
					 17-6-305,
					 17-6-308,
					 17-6-314,
					 17-6-324,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.15 - Additional Requirements for Commercial, Multi-Family Federally Guaranteed Loans and Economic Development Linked Deposits (Repealed) › Rule 8.97.1502 - INTEREST RATE REDUCTION FOR LOANS FUNDED FROM THE COAL TAX TRUST (REPEALED)

Current through Register Vol. 13, July 5, 2024
AUTH:
					 17-6-308,
					 17-6-324, MCA; IMP:
					 17-6-304,
					 17-6-308,
					 MCA
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.15 - Additional Requirements for Commercial, Multi-Family Federally Guaranteed Loans and Economic Development Linked Deposits (Repealed) › Rule 8.97.1503 - LOAN PROGRAM FOR INFRASTRUCTURE LOANS - GENERAL DESCRIPTION (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-6-308,
					 17-6-324, MCA; IMP, Sec.
					 17-6-304,
					 17-6-308,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.15 - Additional Requirements for Commercial, Multi-Family Federally Guaranteed Loans and Economic Development Linked Deposits (Repealed) › Rule 8.97.1504 - APPLICATION PROCEDURE FOR INFRASTRUCTURE LOANS (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-6-308,
					 17-6-324, MCA; IMP, Sec.
					 17-6-304,
					 17-6-308,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.15 - Additional Requirements for Commercial, Multi-Family Federally Guaranteed Loans and Economic Development Linked Deposits (Repealed) › Rule 8.97.1505 - APPLICATION PROCEDURES FOR INFRASTRUCTURE LOAN PROGRAM - LOAN AGREEMENT, CLOSING, FUNDING (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-6-308,
					 17-6-324, MCA; IMP, Sec.
					 17-6-304,
					 17-6-308,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.16 - Bonds and Notes of Board, Loan Loss Reserve Account, Purchase of Montana Capital Company Debentures (Repealed) › Rule 8.97.1601 - BONDS AND NOTES OF BOARD (REPEALED)

Current through Register Vol. 13, July 5, 2024
AUTH:
					 17-5-1504,
					 17-5-1521,
					 17-6-324, MCA; IMP:
					 17-5-1504,
					 17-5-1521,
					 17-6-324,
					 MCA
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.16 - Bonds and Notes of Board, Loan Loss Reserve Account, Purchase of Montana Capital Company Debentures (Repealed) › Rule 8.97.1602 - LOAN LOSS RESERVE ACCOUNT FOR THE IN-STATE INVESTMENT FUND (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-6-324, MCA; IMP, Sec.
					 17-6-315,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.16 - Bonds and Notes of Board, Loan Loss Reserve Account, Purchase of Montana Capital Company Debentures (Repealed) › Rule 8.97.1603 - PURCHASE OF DEBENTURES OF QUALIFIED MONTANA CAPITAL COMPANIES (REPEALED)

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-6-324, MCA; IMP, Sec.
					 17-6-324,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.17 - Economic Development Bond Program › Rule 8.97.1701 - DEFINITIONS (REPEALED)

Current through Register Vol. 13, July 5, 2024
AUTH:
					 17-5-1504,
					 17-5-1521, MCA; IMP:
					 17-5-1504,
					 17-5-1521,
					 MCA
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.17 - Economic Development Bond Program › Rule 8.97.1702 - DESCRIPTION OF ECONOMIC DEVELOPMENT BOND PROGRAMS (REPEALED)

Current through Register Vol. 13, July 5, 2024
AUTH:
					 17-5-1504,
					 17-5-1521, MCA; IMP:
					 17-5-1505,
					 17-5-1521,
					 MCA
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.17 - Economic Development Bond Program › Rule 8.97.1703 - CONFIDENTIALITY OF INFORMATION

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1504,
					 17-5-1521, MCA; IMP, Sec.
					 17-5-1504,
					 17-5-1521,
					 MCA;
Administrative Rules of Montana › Department 8 - COMMERCE › Chapter 8.97 - BOARD OF INVESTMENTS › Subchapter 8.97.17 - Economic Development Bond Program › Rule 8.97.1704 - ALLOCATION OF CAPACITY

Current through Register Vol. 13, July 5, 2024
Sec.
					 17-5-1504,
					 17-5-1521, MCA; IMP, Sec.
					 17-5-1504,
					 17-5-1521,
					 MCA;