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Montana Code Annotated · § 32-5-311 — Precomputed interest prohibited

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.

Source notes
History and annotations

En. Sec. 14, Ch. 173, L. 2013.

Official source for this version

Source captured 2026-09-26. Open the official source.

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