35-2-912. Report of indemnification to members. If a corporation indemnifies or advances expenses to a director under 35-2-447 through 35-2-450 in connection with a proceeding by or in the right of the corporation, the corporation shall report the indemnification or advance in writing to the members with or before the notice of the next meeting of members.
History: En. Sec. 167, Ch. 411, L. 1991.
Structure Montana Code Annotated
Title 35. Corporations, Partnerships, and Associations
Chapter 2. Nonprofit Corporations
Part 9. Annual Report -- Corporate Records
35-2-904. Annual report for secretary of state
35-2-907. Inspection of records by members
35-2-908. Scope of inspection rights
35-2-909. Court-ordered inspection
35-2-910. Limitations on use of membership list
35-2-911. Financial statements for members
35-2-912. Report of indemnification to members