35-15-507. Statute of limitations. No action may be maintained to invalidate any sale, merger, or consolidation taken pursuant to this chapter because of the manner of its adoption unless the action is commenced within 2 years after the date of filing same.
History: En. Sec. 1, Ch. 140, L. 1917; re-en. Sec. 6390, R.C.M. 1921; re-en. Sec. 6390, R.C.M. 1935; amd. Sec. 2, Ch. 342, L. 1973; R.C.M. 1947, 14-216(7).
Structure Montana Code Annotated
Title 35. Corporations, Partnerships, and Associations
Chapter 15. Cooperative Associations
Part 5. Merger, Consolidation, and Sale of Assets
35-15-501. Merger or consolidation authorized
35-15-502. Plan for merger or consolidation
35-15-503. Meeting to consider plan -- notice
35-15-504. Filing of documents of merger or consolidation -- effective date