32-11-218. Financing assistance allowed -- forms, terms, conditions. - Montana Statutes

     32-11-218. Financing assistance allowed -- forms, terms, conditions. (1) The financing assistance that a licensee may provide includes:
     (a) loans;
     (b) purchase of debt instruments;
     (c) straight equity investments including the purchase of common stock or preferred stock;
     (d) debt with equity features, including warrants to purchase stock, convertible debentures, or receipt of a percentage of net income or sales;
     (e) royalty-based financing;
     (f) debt guarantees; and
     (g) property leasing.
     (2) A licensee may determine the form, terms, and conditions for the financing assistance that it will provide.

     History: En. Sec. 19, Ch. 411, L. 2007.