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Rule Title: SEMIANNUAL ASSESSMENT
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Department: ADMINISTRATION
Chapter: BANKING AND FINANCIAL INSTITUTIONS
Subchapter: Banks
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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2.59.104    SEMIANNUAL ASSESSMENT

(1) The Division of Banking and Financial Institutions invoices banks for semiannual assessments every June and December. The assessment is based on each bank's total assets provided in its previous March and September call reports.

(2) The fee is calculated based on the total assets of the bank multiplied by .0000375, plus the flat fee listed below.

 

Total Assets

Flat Fee ($)

$0 to $50 million

$0

Over $50 to $100 million

$3,000

Over $100 to $250 million

$5,000

Over $250 million to

$1 billion

 

 $7,500

Over $1 billion

$15,000

 

Example: Bank A reports total assets of $58,873,000 x .0000375 plus $3,000 equals $5,207.74.

(3) The assessment is due 30 days after each invoice date, or July 31 and January 31, whichever is later.

History: 32-1-213, 32-1-218, MCA; IMP, 32-1-213, 32-1-218, MCA; NEW, 1984 MAR p. 440, Eff. 3/16/84; AMD, 1985 MAR p. 776, Eff. 6/28/85; AMD, 1994 MAR p. 1143, Eff. 4/29/94; TRANS, from Commerce, 2001 MAR p. 1178; AMD, 2007 MAR p. 1926, Eff. 11/22/07; AMD, 2012 MAR p. 883, Eff. 4/27/12; AMD, 2013 MAR p. 667, Eff. 4/26/13; AMD, 2014 MAR p. 1918, Eff. 8/22/14; AMD, 2015 MAR p. 748, Eff. 6/12/15; AMD, 2016 MAR p. 878, Eff. 5/21/16; AMD, 2016 MAR p. 2326, Eff. 12/10/16.


 

 
MAR Notices Effective From Effective To History Notes
2-59-549 12/10/2016 Current History: 32-1-213, 32-1-218, MCA; IMP, 32-1-213, 32-1-218, MCA; NEW, 1984 MAR p. 440, Eff. 3/16/84; AMD, 1985 MAR p. 776, Eff. 6/28/85; AMD, 1994 MAR p. 1143, Eff. 4/29/94; TRANS, from Commerce, 2001 MAR p. 1178; AMD, 2007 MAR p. 1926, Eff. 11/22/07; AMD, 2012 MAR p. 883, Eff. 4/27/12; AMD, 2013 MAR p. 667, Eff. 4/26/13; AMD, 2014 MAR p. 1918, Eff. 8/22/14; AMD, 2015 MAR p. 748, Eff. 6/12/15; AMD, 2016 MAR p. 878, Eff. 5/21/16; AMD, 2016 MAR p. 2326, Eff. 12/10/16.
2-59-543 5/21/2016 12/10/2016 History: 32-1-213, 32-1-218, MCA; IMP, 32-1-213, 32-1-218, MCA; NEW, 1984 MAR p. 440, Eff. 3/16/84; AMD, 1985 MAR p. 776, Eff. 6/28/85; AMD, 1994 MAR p. 1143, Eff. 4/29/94; TRANS, from Commerce, 2001 MAR p. 1178; AMD, 2007 MAR p. 1926, Eff. 11/22/07; AMD, 2012 MAR p. 883, Eff. 4/27/12; AMD, 2013 MAR p. 667, Eff. 4/26/13; AMD, 2014 MAR p. 1918, Eff. 8/22/14; AMD, 2015 MAR p. 748, Eff. 6/12/15; AMD, 2016 MAR p. 878, Eff. 5/21/16.
2-59-526 6/12/2015 5/21/2016 History: 32-1-213, 32-1-218, MCA; IMP, 32-1-213, 32-1-218, MCA; NEW, 1984 MAR p. 440, Eff. 3/16/84; AMD, 1985 MAR p. 776, Eff. 6/28/85; AMD, 1994 MAR p. 1143, Eff. 4/29/94; TRANS, from Commerce, 2001 MAR p. 1178; AMD, 2007 MAR p. 1926, Eff. 11/22/07; AMD, 2012 MAR p. 883, Eff. 4/27/12; AMD, 2013 MAR p. 667, Eff. 4/26/13; AMD, 2014 MAR p. 1918, Eff. 8/22/14; AMD, 2015 MAR p. 748, Eff. 6/12/15.
2-59-508 8/22/2014 6/12/2015 History: 32-1-213, 32-1-218, MCA; IMP, 32-1-213, 32-1-218, MCA; NEW, 1984 MAR p. 440, Eff. 3/16/84; AMD, 1985 MAR p. 776, Eff. 6/28/85; AMD, 1994 MAR p. 1143, Eff. 4/29/94; TRANS, from Commerce, 2001 MAR p. 1178; AMD, 2007 MAR p. 1926, Eff. 11/22/07; AMD, 2012 MAR p. 883, Eff. 4/27/12; AMD, 2013 MAR p. 667, Eff. 4/26/13; AMD, 2014 MAR p. 1918, Eff. 8/22/14.
2-59-479 4/26/2013 8/22/2014 History: 32-1-213, 32-1-218, MCA; IMP, 32-1-213, 32-1-218, MCA; NEW, 1984 MAR p. 440, Eff. 3/16/84; AMD, 1985 MAR p. 776, Eff. 6/28/85; AMD, 1994 MAR p. 1143, Eff. 4/29/94; TRANS, from Commerce, 2001 MAR p. 1178; AMD, 2007 MAR p. 1926, Eff. 11/22/07; AMD, 2012 MAR p. 883, Eff. 4/27/12; AMD, 2013 MAR p. 667, Eff. 4/26/13.
2-59-470 4/27/2012 4/26/2013 History: 32-1-218, MCA; IMP, 32-1-218, MCA; NEW, 1984 MAR p. 440, Eff. 3/16/84; AMD, 1985 MAR p. 776, Eff. 6/28/85; AMD, 1994 MAR p. 1143, Eff. 4/29/94; TRANS, from Commerce, 2001 MAR p. 1178; AMD, 2007 MAR p. 1926, Eff. 11/22/07; AMD, 2012 MAR p. 883, Eff. 4/27/12.
2-59-389 11/22/2007 4/27/2012 History: 32-1-213, MCA; IMP, 32-1-213, MCA; NEW, 1984 MAR p. 440, Eff. 3/16/84; AMD, 1985 MAR p. 776, Eff. 6/28/85; AMD, 1994 MAR p. 1143, Eff. 4/29/94; TRANS, from Commerce, 2001 MAR p. 1178; AMD, 2007 p. 1926, Eff. 11/22/07.
4/29/1994 11/22/2007 History: 32-1-213, MCA; IMP, 32-1-213, MCA; NEW, 1984 MAR p. 440, Eff. 3/16/84; AMD, 1985 MAR p. 776, Eff. 6/28/85; AMD, 1994 MAR p. 1143, Eff. 4/29/94; TRANS, from Commerce, 2001 MAR p. 1178.
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