Mont. Admin. r. 2.59.701 - APPLICATION PROCEDURE FOR AUTHORIZATION TO ENGAGE IN THE ESCROW BUSINESS
(1) In addition to
the statutory qualifications found in Title 32, chapter 7, MCA, officers and
managers of proposed escrow businesses shall demonstrate the character and
fitness to operate their proposed escrow businesses in compliance with all
applicable state and local laws.
(2) The director, the commissioner of banking
and financial institutions, and examining personnel of the banking and
financial institutions division may gather all available information relative
to applications and conduct such investigations as they may determine are
warranted to verify the qualifications of the applicant.
(3) An application fee of $350 shall be paid
to the state of Montana at the time of application, and thereafter shall not be
refundable either in whole or in part.
Notes
AUTH: 32-7-108, MCA; IMP: 32-7-109, MCA
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