{"data":{"id":"us-mt/17-6-408","jurisdiction":"us-mt","citation":"17-6-408","heading":"Certification of microbusiness development corporations.","body":"The department may certify:\n(1) a microbusiness development corporation when it determines that the corporation:\n(a) has developed a viable plan for providing training, access to financing, and technical assistance for qualified microbusinesses;\n(b) has broad-based community support in a designated multicounty region of the state, as reflected, for example, by the membership of its board of directors; and\n(c) has an adequate source of operating capital; or\n(2) a statewide microbusiness development corporation when the department determines that the corporation meets the conditions under subsections (1)(a) and (1)(c) and, in addition:\n(a) has a viable plan to provide specialized services to constituents throughout the state or within at least four Indian reservations in Montana; and\n(b) does not preempt or duplicate efforts of microbusiness development corporations within local communities.","path":["TITLE 17. STATE FINANCE","CHAPTER 6. DEPOSITS AND INVESTMENTS","Part 4. Microbusiness Development Act"],"source_url":"https://mca.legmt.gov/bills/mca/title_0170/chapter_0060/part_0040/section_0080/0170-0060-0040-0080.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:48:21Z","sha256":"db4d3328e461db43e1fe445fd656c411ecaf4bbc91a84e73d9f66834971a9e65","source_id":"us-mt","stale":false,"prev":"us-mt/17-6-407","next":"us-mt/17-6-409"},"notice":"GroundRules: Original legal text. Not legal advice."}