{"data":{"id":"us-mt/35-14-802","jurisdiction":"us-mt","citation":"35-14-802","heading":"Qualifications of directors.","body":"(1) The articles of incorporation or bylaws may prescribe qualifications for directors or for nominees for directors. Qualifications must be reasonable as applied to the corporation and must be lawful.\n(2) A requirement that is based on a past, prospective, or current action or expression of opinion by a nominee or director that could limit the ability of a nominee or director to discharge the duties of a director is not a permissible qualification under this section. However, qualifications may include not being or having been subject to specified criminal, civil, or regulatory sanctions or not having been removed as a director by judicial action or for cause.\n(3) A director need not be a resident of this state or a shareholder unless the articles of incorporation or bylaws prescribe those requirements.\n(4) A qualification for nomination for director prescribed before a person's nomination applies to the person at the time of nomination. A qualification for nomination for director prescribed after a person's nomination does not apply to the person with respect to the nomination.\n(5) A qualification for director prescribed before a director has been elected or appointed applies only at the time an individual becomes a director or during a director's term. A qualification prescribed after a director has been elected or appointed does not apply to that director before the end of that director's term.","path":["TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS","CHAPTER 14. MONTANA BUSINESS CORPORATION ACT","Part 8. Directors and Officers"],"source_url":"https://mca.legmt.gov/bills/mca/title_0350/chapter_0140/part_0080/section_0020/0350-0140-0080-0020.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:53:27Z","sha256":"046869649c3e4b5a436c900ee057e3c666ab2956ebea016d88e7384ee16fe588","source_id":"us-mt","stale":false,"prev":"us-mt/35-14-801","next":"us-mt/35-14-803"},"notice":"GroundRules: Original legal text. Not legal advice."}