{"data":{"id":"us-mt/32-1-511","jurisdiction":"us-mt","citation":"32-1-511","heading":"Bank may be placed in department's possession.","body":"A bank may place its affairs and assets under the control and in the possession of the department by posting a notice on the front door of the bank indicating that it is in the possession of the department. The notice shall be signed by a majority of the directors in office of the bank. Immediately upon the posting of the notice by a bank, it shall notify the department of its action.","path":["TITLE 32. FINANCIAL INSTITUTIONS","CHAPTER 1. BANKS AND TRUST COMPANIES","Part 5. Dissolution, Closing, and Liquidation"],"source_url":"https://mca.legmt.gov/bills/mca/title_0320/chapter_0010/part_0050/section_0110/0320-0010-0050-0110.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:51:51Z","sha256":"5f17425d3d1cbd818db720c8f0226a30a189240ddf517a6080d83bc53560d3e9","source_id":"us-mt","stale":false,"prev":"us-mt/32-1-510","next":"us-mt/32-1-512"},"notice":"GroundRules: Original legal text. Not legal advice."}