2015 Montana Code Annotated
Title 80. AGRICULTURE
CHAPTER 12. MONTANA AGRICULTURAL LOAN AUTHORITY ACT
Part 2. Loans
80-12-202. Immediate repayment.
80-12-202. Immediate repayment. If an applicant who has obtained the approval of the authority for the issuance of a bond to fund the applicant's loan for the acquisition of farm or ranch land sells the land for which the loan was made to any person, firm, or corporation other than the applicant's spouse, children, or corporation wholly owned by them, the loan must be repaid in full.
History: En. Sec. 6, Ch. 580, L. 1983; amd. Sec. 2618, Ch. 56, L. 2009.
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