BANKING & FINANCIAL INSTITUTIONS

Regulating Financial Services, Protecting Montanans

LEGISLATION

2023 LEGISLATION

The following legislation became law during the 2023 Legislative Session. Additional information on these bills can be found on the Montana Legislature LAWS site.

Bill Type / Number Short Title
HB 30 Generally revise mortgage laws. Effective 7/1/23. 
HB 138  Generally revise Montana Bank Act.  Sections 9, 20, and 24 through 27 were effective 2/28/23; remaining sections effective 10/01/23.
HB 139 Generally revise laws related to mutual savings and loan associations. Effective 2/28/23.
SB 35 Repeal business and industrial development corporations. Effective 2/16/23.
If you have any questions, please contact our office at banking@mt.gov or 406-841-2920.

 

Previous Legislation

The following legislation became law during the 2021 Legislative Session. 

Bill Type / Number Short Title
SB 308 Enacted the Mutual Savings and Loan Act.

The following legislation became law during the 2019 Legislative Session.

Bill Type / Number Short Title
HB 107 Revise mortgage laws on disclosures, surety bonds, and other requirements.
HB 108 Clarify reporting requirements for escrow businesses.
SB 58 Revise the Montana Bank Act.

The following legislation became law during the 2017 Legislative Session. The text of these bills can be looked up on the Montana Legislature LAWS site.

Bill Type / Number Short Title
SB 165 Revise consumer loan act to exempt certain licensees

The following legislation became law during the 2015 Legislative Session. The text of these bills can be looked up on the Montana Legislature LAWS site.

Bill Type / Number Short Title
HB 66 Revise banking laws relating to documents filed with the Department (Bank Act, MCA Title 32, Chapter 1)
SB 53 Revise credit union laws regarding directors and operations (Montana Credit Union Act, MCA Title 32, Chapter 3)
SB 75 Revise laws related to nondepository lenders (Deferred Deposit Loan Act, MCA Title 31, Chapter 1, Part 7)
SB 98 Revise Montana mortgage laws (Mortgage Act, MCA Title 32, Chapter 9)

 


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