{"data":{"id":"us-mt/32-5-311","jurisdiction":"us-mt","citation":"32-5-311","heading":"Precomputed interest prohibited.","body":"All consumer loans made or refinanced under this chapter must be made on simple interest, and the interest on consumer loans made or refinanced under this chapter may not be precomputed.","path":["TITLE 32. FINANCIAL INSTITUTIONS","CHAPTER 5. CONSUMER LOAN BUSINESSES","Part 3. Operation of Business -- Restrictions and Requirements"],"source_url":"https://mca.legmt.gov/bills/mca/title_0320/chapter_0050/part_0030/section_0110/0320-0050-0030-0110.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:52:01Z","sha256":"3fea7bee275c9c6bae2c0e8e5868345daeff6645d8da2647ebf0e5638a4a1fab","source_id":"us-mt","stale":false,"prev":"us-mt/32-5-310","next":"us-mt/32-5-312"},"notice":"GroundRules: Original legal text. Not legal advice."}
