{"data":{"id":"us-mt/35-14-1020","jurisdiction":"us-mt","citation":"35-14-1020","heading":"Authority to amend.","body":"(1) A corporation's shareholders may amend or repeal the corporation's bylaws.\n(2) A corporation's board of directors may amend or repeal the corporation's bylaws unless:\n(a) the articles of incorporation, 35-14-1021, or, if applicable, 35-14-1022 reserves that power exclusively to the shareholders in whole or part; or\n(b) except as provided in 35-14-206(4), the shareholders in amending, repealing, or adopting a bylaw expressly provide that the board of directors may not amend, repeal, or adopt that bylaw.\n(3) A shareholder of the corporation does not have a vested property right resulting from any provision in the bylaws.","path":["TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS","CHAPTER 14. MONTANA BUSINESS CORPORATION ACT","Part 10. Amendment of Articles of Incorporation and Bylaws"],"source_url":"https://mca.legmt.gov/bills/mca/title_0350/chapter_0140/part_0100/section_0200/0350-0140-0100-0200.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:53:29Z","sha256":"e92994bd7589c436f168b87595df9fb69b3778c5c78a4e166020a34e1f620903","source_id":"us-mt","stale":false,"prev":"us-mt/35-14-1010","next":"us-mt/35-14-1021"},"notice":"GroundRules: Original legal text. Not legal advice."}