# Mont. Code Ann. § 32-3-212: 32-3-212 Involuntary merger

> Montana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C3_P2_S32-3-212

## Section

- **Citation:** Mont. Code Ann. § 32-3-212
- **Heading:** 32-3-212 Involuntary merger
- **Jurisdiction:** Montana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MT Code / Title 32 / Chapter 3 / Part 2 / Section 32-3-212

## Text

32-3-212 . Involuntary merger. The department of administration may initiate the involuntary merger of a credit union that is insolvent or in danger of insolvency with any other credit union or may authorize a credit union to purchase any of the assets of or assume any of the liabilities of any other credit union that is insolvent or in danger of insolvency if the department is satisfied that:

(1) an emergency requiring expeditious action exists with respect to a credit union that is insolvent or in danger of insolvency;

(2) other alternatives are not reasonably available; and

(3) the public interest would best be served by approval of the merger, purchase, or assumption.

## Nearby sections

- [Mont. Code Ann. § 32-3-201 32-3-201 Department of administration](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C3_P2_S32-3-201.md)
- [Mont. Code Ann. § 32-3-202 32-3-202 Reports](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C3_P2_S32-3-202.md)
- [Mont. Code Ann. § 32-3-203 32-3-203 Examinations](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C3_P2_S32-3-203.md)
- [Mont. Code Ann. § 32-3-204 32-3-204 Records](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C3_P2_S32-3-204.md)
- [Mont. Code Ann. § 32-3-205 32-3-205 Cease and desist orders -- suspension -- involuntary liquidation](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C3_P2_S32-3-205.md)
- [Mont. Code Ann. § 32-3-206 32-3-206 Authorized activities of credit unions](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C3_P2_S32-3-206.md)
- [Mont. Code Ann. § 32-3-207 32-3-207 Confidentiality -- penalties](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C3_P2_S32-3-207.md)
- [Mont. Code Ann. § 32-3-211 32-3-211 Conservatorship](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C3_P2_S32-3-211.md)
- [Mont. Code Ann. § 32-3-212 32-3-212 Involuntary merger](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C3_P2_S32-3-212.md)
- [Mont. Code Ann. § 32-3-215 32-3-215 Out-of-state credit unions](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C3_P2_S32-3-215.md)
- [Mont. Code Ann. § 32-3-216 32-3-216 Conducting business outside this state](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C3_P2_S32-3-216.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C3_P2_S32-3-212. Check the current official text before relying on it. Not legal advice.