Montana Code Annotated
Title 32. Financial Institutions
Chapter 4. Development Corporation Act

Part 1. General Provisions

32-4-101. Definitions - 32-4-101. Definitions. As used in this chapter, the following words...

32-4-102. Purpose - 32-4-102. Purpose. (1) The purposes of the corporation shall be...

32-4-103. Credit of state and local governments not pledged - 32-4-103. Credit of state and local governments not pledged. Under...

32-4-104. Application of corporation law - 32-4-104. Application of corporation law. The provisions of Title 35...

Part 2. Organization

32-4-201. Incorporators -- general powers -- capital stock -- articles of incorporation - 32-4-201. Incorporators -- general powers -- capital stock -- articles...

32-4-202. Duration - 32-4-202. Duration. The period of duration of the corporation shall...

32-4-203. Certificate of incorporation - 32-4-203. Certificate of incorporation. Before the articles of incorporation may...

32-4-204. Effect of failure to commence business - 32-4-204. Effect of failure to commence business. If a corporation...

32-4-205. Amendment of articles of incorporation - 32-4-205. Amendment of articles of incorporation. (1) The articles of...

32-4-206. Board of directors - 32-4-206. Board of directors. (1) The business and affairs of...

32-4-207. First meeting of corporation - 32-4-207. First meeting of corporation. (1) The first meeting of...

32-4-208. Stock ownership and limitations - 32-4-208. Stock ownership and limitations. Notwithstanding any rule at common...

Part 3. Operation and Regulation

32-4-301. Powers of stockholders - 32-4-301. Powers of stockholders. (1) The stockholders of the corporation...

32-4-302. Membership -- limitation and apportionment of loans by members - 32-4-302. Membership -- limitation and apportionment of loans by members....

32-4-303. Withdrawal of membership - 32-4-303. Withdrawal of membership. (1) Membership in the corporation shall...

32-4-304. Surplus - 32-4-304. Surplus. Each year the corporation shall set apart as...

32-4-305. Deposit of funds - 32-4-305. Deposit of funds. (1) The corporation shall not deposit...

32-4-306. Control -- supervision -- reports - 32-4-306. Control -- supervision -- reports. The corporation is subject...