17-6-319: Incentive to financial institution for small business loan participation.
Where this section sits in the code
- TITLE 17. STATE FINANCE
- CHAPTER 6. DEPOSITS AND INVESTMENTS
- Part 3. Montana In-State Investment
A financial institution that originates a small business loan no larger than 0.05% of the balance of the Montana permanent coal tax trust fund at the end of the last-completed fiscal year is entitled to an additional service fee in the form of a discount equal to 0.5% of the board's participation in the loan. The board shall consider the additional service fee discount to the financial institution as part of the rate of return provided in 17-6-314.
Collected 2026-09-14T04:48:20Z. Source file · JSON