# Mont. Code Ann. § 32-1-105: 32-1-105 Commercial bank defined

> Montana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C1_P1_S32-1-105

## Section

- **Citation:** Mont. Code Ann. § 32-1-105
- **Heading:** 32-1-105 Commercial bank defined
- **Jurisdiction:** Montana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MT Code / Title 32 / Chapter 1 / Part 1 / Section 32-1-105

## Text

32-1-105 . Commercial bank defined. The term "commercial bank" means any bank authorized by law to:

(1) receive deposits of money;

(2) deal in commercial paper or make loans on commercial paper;

(3) lend money on real or personal property;

(4) engage in business activities directly or indirectly through affiliates or subsidiaries;

(5) discount bills, notes, or other commercial papers; and

(6) buy and sell securities, gold and silver bullion, foreign coins, or bills of exchange.

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C1_P1_S32-1-105. Check the current official text before relying on it. Not legal advice.