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Montana · Through Montana Code Annotated 2025

35-8-410: Actions by members.

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Where this section sits in the code
  1. TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
  2. CHAPTER 8. MONTANA LIMITED LIABILITY COMPANY ACT
  3. Part 4. Rights and Duties of Members and Managers

(1) A member may maintain an action against a limited liability company or another member for legal or equitable relief, with or without an accounting as to the company's business, to enforce:

(a) the member's rights under the operating agreement;

(b) the member's rights under this chapter; or

(c) the rights and otherwise protect the interests of the member, including rights and interests arising independently of the member's relationship to the company.

(2) The accrual of a right of action under this section and any time limits for asserting the right of action for a remedy under this section are governed by the laws of this state. A right to an accounting upon a dissolution and winding up does not revive a claim barred by law.

Collected 2026-09-14T04:53:16Z. Source file · JSON

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