# Mont. Code Ann. § 50-4-712: 50-4-712 Experts

> Montana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MT_T50_C4_P7_S50-4-712

## Section

- **Citation:** Mont. Code Ann. § 50-4-712
- **Heading:** 50-4-712 Experts
- **Jurisdiction:** Montana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MT Code / Title 50 / Chapter 4 / Part 7 / Section 50-4-712

## Text

50-4-712 . Experts. (1) The commissioner or the attorney general, or both, may contract with experts as reasonably necessary to:

(a) determine whether to approve a conversion transaction generally;

(b) perform an independent valuation of fair market value of the public assets of the transferor;

(c) evaluate the impact of the conversion on the affected community;

(d) determine whether there has been due diligence by the transferor in evaluating the proposed conversion transaction; and

(e) determine the existence of any conflicts of interest.

(2) If the commissioner or attorney general contracts for expert assistance under subsection (1), the transferor and the transferee shall each pay half of the costs reasonably incurred by the commissioner or the attorney general for the expert's services.

## Nearby sections

- [Mont. Code Ann. § 50-4-701 50-4-701 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_MT_T50_C4_P7_S50-4-701.md)
- [Mont. Code Ann. § 50-4-702 50-4-702 Conversion transaction -- approval](https://www.frixlaw.com/law-library/statutes/STATE_MT_T50_C4_P7_S50-4-702.md)
- [Mont. Code Ann. § 50-4-703 50-4-703 Rulemaking authority](https://www.frixlaw.com/law-library/statutes/STATE_MT_T50_C4_P7_S50-4-703.md)
- [Mont. Code Ann. § 50-4-704 50-4-704 Rights and powers](https://www.frixlaw.com/law-library/statutes/STATE_MT_T50_C4_P7_S50-4-704.md)
- [Mont. Code Ann. § 50-4-707 50-4-707 Application process -- content](https://www.frixlaw.com/law-library/statutes/STATE_MT_T50_C4_P7_S50-4-707.md)
- [Mont. Code Ann. § 50-4-708 50-4-708 Public records](https://www.frixlaw.com/law-library/statutes/STATE_MT_T50_C4_P7_S50-4-708.md)
- [Mont. Code Ann. § 50-4-709 50-4-709 Receiving an application -- notice of application](https://www.frixlaw.com/law-library/statutes/STATE_MT_T50_C4_P7_S50-4-709.md)
- [Mont. Code Ann. § 50-4-710 50-4-710 Public hearing](https://www.frixlaw.com/law-library/statutes/STATE_MT_T50_C4_P7_S50-4-710.md)
- [Mont. Code Ann. § 50-4-711 50-4-711 Procedures](https://www.frixlaw.com/law-library/statutes/STATE_MT_T50_C4_P7_S50-4-711.md)
- [Mont. Code Ann. § 50-4-712 50-4-712 Experts](https://www.frixlaw.com/law-library/statutes/STATE_MT_T50_C4_P7_S50-4-712.md)
- [Mont. Code Ann. § 50-4-713 50-4-713 Deadline for approval or nonapproval](https://www.frixlaw.com/law-library/statutes/STATE_MT_T50_C4_P7_S50-4-713.md)
- [Mont. Code Ann. § 50-4-714 50-4-714 Effect of determination](https://www.frixlaw.com/law-library/statutes/STATE_MT_T50_C4_P7_S50-4-714.md)
- [Mont. Code Ann. § 50-4-715 50-4-715 Criteria for attorney general approval of conversion transaction](https://www.frixlaw.com/law-library/statutes/STATE_MT_T50_C4_P7_S50-4-715.md)
- [Mont. Code Ann. § 50-4-716 50-4-716 Criteria for distribution of assets](https://www.frixlaw.com/law-library/statutes/STATE_MT_T50_C4_P7_S50-4-716.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MT_T50_C4_P7_S50-4-712. Check the current official text before relying on it. Not legal advice.