{"data":{"id":"us-mt/35-14-631","jurisdiction":"us-mt","citation":"35-14-631","heading":"Corporation's acquisition of its own shares.","body":"(1) A corporation may acquire its own shares, and shares so acquired constitute authorized but unissued shares.\n(2) If the articles of incorporation prohibit the reissue of the acquired shares, the number of authorized shares is reduced by the number of shares acquired.","path":["TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS","CHAPTER 14. MONTANA BUSINESS CORPORATION ACT","Part 6. Shares and Distributions"],"source_url":"https://mca.legmt.gov/bills/mca/title_0350/chapter_0140/part_0060/section_0310/0350-0140-0060-0310.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:53:27Z","sha256":"03dff7787a67770e061ccc329d71c64d6ae46b1050699d0159504572e10c2e80","source_id":"us-mt","stale":false,"prev":"us-mt/35-14-630","next":"us-mt/35-14-632"},"notice":"GroundRules: Original legal text. Not legal advice."}