35-17-507. 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 required filings have been made in relation to such corporate action or, if none is required, after the effective date of such corporate action.
History: En. 14-431 by Sec. 5, Ch. 298, L. 1977; R.C.M. 1947, 14-431(8).
Structure Montana Code Annotated
Title 35. Corporations, Partnerships, and Associations
Chapter 17. Cooperative Agricultural Marketing
Part 5. Merger, Consolidation, and Sale of Assets
35-17-501. Merger or consolidation authorized
35-17-502. Plan of merger or consolidation
35-17-503. Meeting to consider plan -- notice
35-17-504. Filing of documents of merger or consolidation -- effective date