32-1-104. Number of persons necessary to form corporation. Corporations may be formed by any number of natural persons or by a corporation or other entity authorized to own or control banks and organized under the laws of this state to conduct, as provided in this chapter, the businesses mentioned in 32-1-102.
History: En. Sec. 3, Ch. 89, L. 1927; re-en. Sec. 6014.3, R.C.M. 1935; R.C.M. 1947, 5-103; amd. Sec. 1, Ch. 117, L. 1997.
Structure Montana Code Annotated
Title 32. Financial Institutions
Chapter 1. Banks and Trust Companies
Part 1. General Provisions -- Definitions
32-1-101. Short title -- application -- purpose
32-1-102. Institutions to which chapter is applicable
32-1-104. Number of persons necessary to form corporation
32-1-105. Commercial bank defined
32-1-106. Savings bank defined
32-1-107. Trust company defined -- purposes for which may be formed
32-1-108. Investment company defined -- purposes for which may be formed
32-1-111. Attachments prohibited
32-1-112. Applicability of corporation law
32-1-113. and 32-1-114 reserved
32-1-115. Student financial institution defined -- obligations of minor -- applicability of laws