Montana Code Annotated
Title 35. Corporations, Partnerships, and Associations
Chapter 15. Cooperative Associations

Part 1. General

35-15-101. Reserved power of regulation - 35-15-101. Reserved power of regulation. The legislature hereby reserves the...

35-15-102. Requirements of chapter exclusive - 35-15-102. Requirements of chapter exclusive. No association organized under this...

35-15-103. Powers - 35-15-103. Powers. (1) Associations formed under this chapter are bodies...

Part 2. Formation -- Articles of Incorporation -- Bylaws

35-15-201. Incorporation - 35-15-201. Incorporation. (1) Whenever two or more persons desire to...

35-15-202. Limit on subscription or control of common stock -- one share per person - 35-15-202. Limit on subscription or control of common stock --...

35-15-203. First meeting - 35-15-203. First meeting. As soon as the initial shares of...

35-15-204. Issuance of certificate of organization -- effect - 35-15-204. Issuance of certificate of organization -- effect. (1) The...

35-15-205. Amendment of articles of incorporation -- fee - 35-15-205. Amendment of articles of incorporation -- fee. At any...

35-15-206. Bylaws - 35-15-206. Bylaws. All bylaws shall be adopted by the stockholders...

35-15-207. through 35-15-209 reserved - 35-15-207 through 35-15-209 reserved.

35-15-210. Fees for filing, copying, and services - 35-15-210. Fees for filing, copying, and services. (1) The secretary...

35-15-211. Filing of facsimile copy - 35-15-211. Filing of facsimile copy. (1) The secretary of state...

Part 3. Shareholders, Directors, and Officers

35-15-301. Increase of membership - 35-15-301. Increase of membership. An association licensed to operate under...

35-15-302. Stockholders' meetings -- place -- time -- call -- notice -- quorum - 35-15-302. Stockholders' meetings -- place -- time -- call --...

35-15-303. Stockholder voting by mail - 35-15-303. Stockholder voting by mail. At any regularly called general...

35-15-304. Directors and officers - 35-15-304. Directors and officers. (1) Directors of associations organized under...

35-15-305. Filing required to have benefit of certain provisions - 35-15-305. Filing required to have benefit of certain provisions. All...

Part 4. Shares, Dividends, and Distributions

35-15-401. Classes of stock - 35-15-401. Classes of stock. (1) The purchase price of the...

35-15-402. Forfeiture of stock for nonpayment -- reissuance - 35-15-402. Forfeiture of stock for nonpayment -- reissuance. Forfeiture of...

35-15-403. Assignment of stock - 35-15-403. Assignment of stock. An assignment of stock may not...

35-15-404. Share exempt from attachment and execution -- sale upon death of member - 35-15-404. Share exempt from attachment and execution -- sale upon...

35-15-405. through 35-15-410 reserved - 35-15-405 through 35-15-410 reserved.

35-15-411. Disposal of earnings -- dividends -- reserve fund -- educational fund - 35-15-411. Disposal of earnings -- dividends -- reserve fund --...

35-15-412. When distribution of profits and earnings to be made -- dissolution for failure to pay dividend for five years - 35-15-412. When distribution of profits and earnings to be made...

Part 5. Merger, Consolidation, and Sale of Assets

35-15-501. Merger or consolidation authorized - 35-15-501. Merger or consolidation authorized. It shall be lawful for...

35-15-502. Plan for merger or consolidation - 35-15-502. Plan for merger or consolidation. Before an association may...

35-15-503. Meeting to consider plan -- notice - 35-15-503. Meeting to consider plan -- notice. (1) Notice of...

35-15-504. Filing of documents of merger or consolidation -- effective date - 35-15-504. Filing of documents of merger or consolidation -- effective...

35-15-505. Effect of merger or consolidation -- rights and obligations -- rights of creditors not impaired - 35-15-505. Effect of merger or consolidation -- rights and obligations...

35-15-506. Sale or disposition of assets - 35-15-506. Sale or disposition of assets. At any meeting the...

35-15-507. Statute of limitations - 35-15-507. Statute of limitations. No action may be maintained to...