{"data":{"id":"us-mt/32-2-905","jurisdiction":"us-mt","citation":"32-2-905","heading":"Extent that assets may be pledged.","body":"No mutual association, mutual association employee, or mutual association officer, except as otherwise authorized by law, may pledge or hypothecate as collateral security for money borrowed its assets in a ratio exceeding 1 1/2 times the amount borrowed, except as otherwise authorized in writing by the department.","path":["TITLE 32. FINANCIAL INSTITUTIONS","CHAPTER 2. MUTUAL SAVINGS AND LOAN ASSOCIATIONS","Part 9. Operation and Regulation"],"source_url":"https://mca.legmt.gov/bills/mca/title_0320/chapter_0020/part_0090/section_0050/0320-0020-0090-0050.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:51:56Z","sha256":"d6d60094767d1164fbcf4366545cbfbd6ceb55726b9a7ccc5da8aea2590d6e8f","source_id":"us-mt","stale":false,"prev":"us-mt/32-2-904","next":"us-mt/32-2-906"},"notice":"GroundRules: Original legal text. Not legal advice."}