{"data":{"id":"us-mt/35-14-809","jurisdiction":"us-mt","citation":"35-14-809","heading":"Removal of directors by judicial proceeding.","body":"(1) The district court of the county where a corporation's principal office is located or, if its principal office is not located in this state, of the first judicial district may remove a director from office or may order other relief, including barring the director from reelection for a period prescribed by the court, in a proceeding commenced by or in the right of the corporation if the court finds that:\n(a) the director engaged in fraudulent conduct with respect to the corporation or its shareholders, grossly abused the position of director, or intentionally inflicted harm on the corporation; and\n(b) considering the director's course of conduct and the inadequacy of other available remedies, removal or other relief would be in the best interests of the corporation.\n(2) A shareholder proceeding on behalf of the corporation under subsection (1) of this section must comply with all of the requirements of 35-14-740 through 35-14-747 except 35-14-741(1).","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_0090/0350-0140-0080-0090.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:53:28Z","sha256":"ccd9f2bbf27af71fa8eb0dafae2844a2fa0da635e7be09758c93f984e11f742a","source_id":"us-mt","stale":false,"prev":"us-mt/35-14-808","next":"us-mt/35-14-810"},"notice":"GroundRules: Original legal text. Not legal advice."}