35-14-840. Officers. (1) A corporation has the officers described in its bylaws or appointed by the board of directors in accordance with the bylaws.
(2) The board of directors may elect individuals to fill one or more offices of the corporation. An officer may appoint one or more officers if authorized by the bylaws or the board of directors.
(3) The bylaws or the board of directors shall assign to an officer responsibility for maintaining and authenticating the records of the corporation required to be kept under 35-14-1601(1).
(4) The same individual may simultaneously hold more than one office in a corporation.
History: En. Sec. 114, Ch. 271, L. 2019.
Structure Montana Code Annotated
Title 35. Corporations, Partnerships, and Associations
Chapter 14. Montana Business Corporation Act
Part 8. Directors and Officers
35-14-801. Board of directors -- requirements -- functions
35-14-802. Qualifications of directors
35-14-803. Directors -- number -- election
35-14-804. Election of directors -- certain classes or series of shares
35-14-805. Terms of directors generally
35-14-806. Staggered terms for directors
35-14-807. Resignation of directors
35-14-808. Removal of directors by shareholders
35-14-809. Removal of directors by judicial proceeding
35-14-810. Vacancy -- board of directors
35-14-811. Compensation of directors
35-14-812. through 35-14-819 reserved
35-14-821. Action without meeting
35-14-825. Committees of board
35-14-826. Submission of matters for shareholder vote
35-14-827. through 35-14-829 reserved
35-14-830. Standards of conduct for directors
35-14-831. Standards of liability for directors
35-14-832. Director's liability for unlawful distributions
35-14-833. through 35-14-839 reserved
35-14-841. Functions of officers
35-14-842. Standards of conduct for officers
35-14-843. Resignation and removal of officers
35-14-844. Contract rights of officers
35-14-845. through 35-14-849 reserved
35-14-850. Definitions -- indemnification and advance for expenses
35-14-851. Permissible indemnification
35-14-852. Mandatory indemnification
35-14-853. Advance for expenses
35-14-854. Court-ordered indemnification and advance for expenses
35-14-855. Determination and authorization of indemnification
35-14-856. Indemnification of officers
35-14-858. Variation by corporate action -- application
35-14-860. Definitions -- director's conflicting interest transactions
35-14-863. Shareholders' action