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2017 Montana Code Annotated
TITLE 30. TRADE AND COMMERCE
CHAPTER 10. SECURITIES REGULATION
Part 9. Montana Living Trust Act
30-10-911. Unlawful representation concerning approval of application
Universal Citation: MT Code § 30-10-911 (2017)
30-10-911. Unlawful representation concerning approval of application. The fact that an application for a license to offer or sell living trusts has been filed or approved in this state does not constitute a finding by the state auditor that any document filed under this part is true, complete, and not misleading. The state auditor's approval of an application for a license to offer or sell a living trust may not be construed as a determination of the merits of any transaction or a recommendation of any person or transaction. It is unlawful to make or cause to be made to any prospective purchaser, customer, or client any representation inconsistent with this section.
History: En. Sec. 11, Ch. 348, L. 1997.
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