35-14-740: Definitions -- derivative proceedings.
Where this section sits in the code
- TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
- CHAPTER 14. MONTANA BUSINESS CORPORATION ACT
- Part 7. Shareholders
In 35-14-740 through 35-14-747, the following definitions apply:
(1) "Derivative proceeding" means a civil suit in the right of a domestic corporation or, to the extent provided in 35-14-747, in the right of a foreign corporation.
(2) "Shareholder" means a record shareholder, a beneficial shareholder, and an unrestricted voting trust beneficial owner.
Collected 2026-09-14T04:53:27Z. Source file · JSON