35-2-614. Bequests, devises, and gifts. A bequest, devise, gift, grant, or promise contained in a will or other instrument of donation, subscription, or conveyance that is made to a constituent corporation and that takes effect or remains payable after the merger inures to the surviving corporation unless the will or other instrument specifically provides otherwise.
History: En. Sec. 129, Ch. 411, L. 1991.
Structure Montana Code Annotated
Title 35. Corporations, Partnerships, and Associations
Chapter 2. Nonprofit Corporations
Part 6. Merger, Consolidation, and Sale of Assets
35-2-608. Approval of plan of merger
35-2-609. Limitations on mergers by public benefit or religious corporations
35-2-610. Action on plan by board, members, and third persons
35-2-613. Merger with foreign corporation
35-2-614. Bequests, devises, and gifts
35-2-616. Sale of assets in regular course of activities -- mortgage of assets
35-2-617. Sale of assets other than in regular course of activities