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Current as of January 01, 2024 | Updated by Findlaw Staff
(1) A foreign person is prohibited from engaging in the activities set forth in subsection (2) if the foreign person directly or indirectly:
(a) engages in litigation financing;
(b) becomes affiliated with or maintains an affiliation with a litigation financer;
(c) finances, funds, or loans money to a litigation financer; or
(d) invests in, maintains an ownership interest in, or exercises any control over a litigation financer.
(2) A foreign person that engages in the activities set forth in subsection (1) may not:
(a) become affiliated with or maintain an affiliation with a foreign adversary or a foreign person of concern;
(b) receive or accept money or funds from a foreign adversary or a foreign person of concern; or
(c) allow a foreign adversary or a foreign person of concern to invest in, maintain an ownership interest in, or exercise any control over the foreign person.
Cite this article: FindLaw.com - Montana Title 31. Credit Transactions and Relationships § 31-4-205. Limitations on foreign litigation funding - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-31-credit-transactions-and-relationships/mt-code-ann-sect-31-4-205/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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