35-14-1403. Articles of dissolution. (1) At any time after dissolution is authorized, the corporation may dissolve by delivering to the secretary of state for filing articles of dissolution setting forth:
(a) the name of the corporation;
(b) the date that dissolution was authorized; and
(c) if dissolution was approved by the shareholders, a statement that the proposal to dissolve was duly approved by the shareholders in the manner required by this chapter and by the articles of incorporation.
(2) The articles of dissolution take effect on the effective date determined in accordance with 35-14-123. A corporation is dissolved on the effective date of its articles of dissolution.
(3) For purposes of 35-14-1401 through 35-14-1409, "dissolved corporation" means a corporation whose articles of dissolution have become effective and includes a successor entity to which the remaining assets of the corporation are transferred subject to its liabilities for purposes of liquidation.
History: En. Sec. 186, Ch. 271, L. 2019.
Structure Montana Code Annotated
Title 35. Corporations, Partnerships, and Associations
Chapter 14. Montana Business Corporation Act
35-14-1401. Dissolution by incorporators or initial directors
35-14-1402. Dissolution by board of directors and shareholders
35-14-1403. Articles of dissolution
35-14-1404. Revocation of dissolution
35-14-1405. Effect of dissolution
35-14-1406. Known claims against dissolved corporation
35-14-1407. Other claims against dissolved corporations
35-14-1410. through 35-14-1419 reserved
35-14-1420. Grounds for administrative dissolution
35-14-1421. Procedure for and effect of administrative dissolution
35-14-1422. Reinstatement following administrative dissolution
35-14-1423. Appeal from denial of reinstatement
35-14-1424. through 35-14-1429 reserved
35-14-1430. Grounds for judicial dissolution
35-14-1431. Procedure for judicial dissolution
35-14-1432. Receivership or custodianship
35-14-1433. Decree of dissolution
35-14-1434. Election to purchase in lieu of dissolution