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Montana · Through Montana Code Annotated 2025

35-14-740: Definitions -- derivative proceedings.

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Where this section sits in the code
  1. TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
  2. CHAPTER 14. MONTANA BUSINESS CORPORATION ACT
  3. 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

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