# Mont. Code Ann. § 80-4-405: 80-4-405 Maximum bond amount

> Montana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MT_T80_C4_P4_S80-4-405

## Section

- **Citation:** Mont. Code Ann. § 80-4-405
- **Heading:** 80-4-405 Maximum bond amount
- **Jurisdiction:** Montana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MT Code / Title 80 / Chapter 4 / Part 4 / Section 80-4-405

## Text

80-4-405 . Maximum bond amount. The maximum amount of any public warehouse operator bond may not exceed $1 million and the maximum amount of a commodity dealer bond may not exceed $1 million, except:

(1) any bonds compensating for equity or working capital deficiencies prescribed in parts 5 and 6 of this chapter must be added to the maximum bond amount. If the public warehouse operator is also licensed as a commodity dealer, only one bond amount is required.

(2) if required as part of a commodity warehouse operator's or commodity dealer's license modified by the department pursuant to 80-4-421 .

## Nearby sections

- [Mont. Code Ann. § 80-4-401 80-4-401 Short title](https://www.frixlaw.com/law-library/statutes/STATE_MT_T80_C4_P4_S80-4-401.md)
- [Mont. Code Ann. § 80-4-402 80-4-402 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_MT_T80_C4_P4_S80-4-402.md)
- [Mont. Code Ann. § 80-4-403 80-4-403 Rules -- adoption](https://www.frixlaw.com/law-library/statutes/STATE_MT_T80_C4_P4_S80-4-403.md)
- [Mont. Code Ann. § 80-4-404 80-4-404 Terms of licenses -- renewals](https://www.frixlaw.com/law-library/statutes/STATE_MT_T80_C4_P4_S80-4-404.md)
- [Mont. Code Ann. § 80-4-405 80-4-405 Maximum bond amount](https://www.frixlaw.com/law-library/statutes/STATE_MT_T80_C4_P4_S80-4-405.md)
- [Mont. Code Ann. § 80-4-406 80-4-406 Appointment by nonresident licensee of agent to receive process](https://www.frixlaw.com/law-library/statutes/STATE_MT_T80_C4_P4_S80-4-406.md)
- [Mont. Code Ann. § 80-4-407 80-4-407 Reports to the department](https://www.frixlaw.com/law-library/statutes/STATE_MT_T80_C4_P4_S80-4-407.md)
- [Mont. Code Ann. § 80-4-408 80-4-408 Examination of books](https://www.frixlaw.com/law-library/statutes/STATE_MT_T80_C4_P4_S80-4-408.md)
- [Mont. Code Ann. § 80-4-409 80-4-409 Confidentiality of records](https://www.frixlaw.com/law-library/statutes/STATE_MT_T80_C4_P4_S80-4-409.md)
- [Mont. Code Ann. § 80-4-410 80-4-410 Publication of reports](https://www.frixlaw.com/law-library/statutes/STATE_MT_T80_C4_P4_S80-4-410.md)
- [Mont. Code Ann. § 80-4-411 80-4-411 Employment of assistants](https://www.frixlaw.com/law-library/statutes/STATE_MT_T80_C4_P4_S80-4-411.md)
- [Mont. Code Ann. § 80-4-415 80-4-415 Creation of commodity dealer/public warehouse operators account -- deposit of funds](https://www.frixlaw.com/law-library/statutes/STATE_MT_T80_C4_P4_S80-4-415.md)
- [Mont. Code Ann. § 80-4-416 80-4-416 Deposit of deficiency funds and liquidation funds](https://www.frixlaw.com/law-library/statutes/STATE_MT_T80_C4_P4_S80-4-416.md)
- [Mont. Code Ann. § 80-4-419 80-4-419 Bankruptcy as grounds for cancellation](https://www.frixlaw.com/law-library/statutes/STATE_MT_T80_C4_P4_S80-4-419.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MT_T80_C4_P4_S80-4-405. Check the current official text before relying on it. Not legal advice.