2017 Montana Code Annotated
TITLE 30. TRADE AND COMMERCE
CHAPTER 10. SECURITIES REGULATION
Part 10. Securities Restitution Assistance Fund
30-10-1005. Eligibility
30-10-1005. (Temporary) Eligibility. (1) The following victims are eligible for restitution assistance:
(a) a natural person who is a resident of Montana; or
(b) a person, other than a natural person, domiciled in Montana.
(2) The commissioner may not award securities restitution assistance under this part:
(a) to more than one claimant per victim;
(b) unless the person ordered to pay restitution has not paid the full amount of restitution owed to the victim before the application for restitution assistance from the fund is due; or
(c) if there was no award of restitution in the final order.
(3) If an award of restitution in a final order is overturned on appeal, the commissioner may not award restitution assistance under this part.
(4) If, after the commissioner has made a securities restitution assistance award from the fund under this part, the restitution award in the final order is overturned on appeal and all legal remedies have been exhausted, the claimant shall forfeit the restitution assistance awarded under this part. (Terminates June 30, 2021--sec. 55, Ch. 151, L. 2017.)
History: En. Sec. 5, Ch. 58, L. 2011.
