{"data":{"id":"us-mt/32-2-910","jurisdiction":"us-mt","citation":"32-2-910","heading":"Authority of state mutual associations to make real estate loans -- borrower insurance requirements.","body":"(1) A state mutual association has the same authority to make loans on real estate that is given by acts of congress or the federal reserve system to federal savings associations.\n(2) A mutual association that is subject to this section may not require a borrower, as a condition of obtaining or maintaining a loan secured by real property, to provide insurance on improvements to real property in an amount that exceeds the reasonable replacement value of the improvements.","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_0100/0320-0020-0090-0100.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:51:56Z","sha256":"86691058414055b62ce4ba1d5674060789ca995de3530597d4274d1a473d443a","source_id":"us-mt","stale":false,"prev":"us-mt/32-2-909","next":"us-mt/32-2-911"},"notice":"GroundRules: Original legal text. Not legal advice."}