{"data":{"id":"us-mt/71-1-113","jurisdiction":"us-mt","citation":"71-1-113","heading":"Limit on the amount of funds on reserve.","body":"Except as provided in 71-1-114, if a lending institution requires a borrower under a mortgage or trust indenture of real property to include in the borrower's regular payment additional payment into a reserve fund held by the lending institution for the future payment of property taxes, insurance premiums, and other expenses, the amount of funds on reserve may not exceed 110% of the projected amount needed to pay those expenses.","path":["TITLE 71. MORTGAGES, PLEDGES, AND LIENS","CHAPTER 1. MORTGAGES","Part 1. General Provisions"],"source_url":"https://mca.legmt.gov/bills/mca/title_0710/chapter_0010/part_0010/section_0130/0710-0010-0010-0130.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:58:50Z","sha256":"016f47f20a866b42156862ae85644fec75cdfb2675fb0b8bc491a6f4a6158689","source_id":"us-mt","stale":false,"prev":"us-mt/71-1-112","next":"us-mt/71-1-114"},"notice":"GroundRules: Original legal text. Not legal advice."}