# Mont. Code Ann. § 32-9-206: 32-9-206 Financial condition of servicers

> Montana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C9_P2_S32-9-206

## Section

- **Citation:** Mont. Code Ann. § 32-9-206
- **Heading:** 32-9-206 Financial condition of servicers
- **Jurisdiction:** Montana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MT Code / Title 32 / Chapter 9 / Part 2 / Section 32-9-206

## Text

32-9-206 . Financial condition of servicers. (1) A covered institution shall maintain capital and liquidity in compliance with this section.

(2) For the purposes of complying with the capital and liquidity requirements of this section, all financial data must be determined in accordance with generally accepted accounting principles.

(3) A covered institution that meets the federal housing finance agency eligibility requirements for enterprise single-family seller/servicers for capital, net worth ratio, and liquidity, regardless of whether the servicer is approved for GSE servicing, meets the requirements of subsections (1) and (2).

(4) Covered institutions shall maintain written policies and procedures implementing the capital and servicing liquidity requirements as set by the department by rule.

(5) Covered institutions shall maintain sufficient allowable assets for liquidity, in addition to the amounts required for servicing liquidity, to cover normal business operations.

(6) Covered institutions shall have in place sound cash management and business operating plans as set by the department by rule.

(7) Covered institutions shall develop, establish, and implement plans, policies, and procedures for maintaining operating liquidity sufficient for the ongoing needs of the institution. The department shall set further requirements for operating liquidity by rule.

## Nearby sections

- [Mont. Code Ann. § 32-9-201 32-9-201 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C9_P2_S32-9-201.md)
- [Mont. Code Ann. § 32-9-202 32-9-202 Applicability -- exclusions](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C9_P2_S32-9-202.md)
- [Mont. Code Ann. § 32-9-206 32-9-206 Financial condition of servicers](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C9_P2_S32-9-206.md)
- [Mont. Code Ann. § 32-9-207 32-9-207 Corporate governance of servicers](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C9_P2_S32-9-207.md)
- [Mont. Code Ann. § 32-9-208 32-9-208 Authority of department regarding servicers](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C9_P2_S32-9-208.md)
- [Mont. Code Ann. § 32-9-209 32-9-209 Rulemaking](https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C9_P2_S32-9-209.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MT_T32_C9_P2_S32-9-206. Check the current official text before relying on it. Not legal advice.