Mont. Code § 32-5-311

Current through the 2023 Regular Session

Section 32-5-311 - Precomputed interest prohibited

All consumer loans made or refinanced under this chapter must be made on simple interest, and the interest on consumer loans made or refinanced under this chapter may not be precomputed.

§ 32-5-311, MCA

Added by Laws 2013, Ch. 173, Sec. 14, eff. 12/31/2013.