{"data":{"id":"us-mt/35-14-901","jurisdiction":"us-mt","citation":"35-14-901","heading":"Definitions -- domestication -- conversion.","body":"As used in this part, the following definitions apply:\n(1) \"Conversion\" means a transaction pursuant to 35-14-930 through 35-14-935.\n(2) \"Converted entity\" means the converting entity as it continues in existence after a conversion.\n(3) \"Converting entity\" means the domestic corporation or eligible entity that approves a plan of conversion pursuant to 35-14-932 or the foreign eligible entity that approves a conversion pursuant to the organic law of the eligible entity.\n(4) \"Domesticated corporation\" means the domesticating corporation as it continues in existence after a domestication.\n(5) \"Domesticating corporation\" means the domestic corporation that approves a plan of domestication pursuant to 35-14-921 or the foreign corporation that approves a domestication pursuant to the organic law of the foreign corporation.\n(6) \"Domestication\" means a transaction pursuant to 35-14-920 through 35-14-924.\n(7) \"Protected agreement\" means:\n(a) a document evidencing indebtedness of a domestic corporation or eligible entity and any related agreement in effect immediately before the enactment date;\n(b) an agreement that is binding on a domestic corporation or eligible entity immediately before the enactment date;\n(c) the articles of incorporation or bylaws of a domestic corporation or the organic rules of a domestic eligible entity, in each case in effect immediately before the enactment date; or\n(d) an agreement that is binding on any of the shareholders, members, interest holders, directors, or other governors of a domestic corporation or eligible entity, in their official capacities, immediately before the enactment date. For purposes of 35-14-920 and 35-14-930 and this subsection (7), \"enactment date\" means the earliest date on which the laws of this state authorized a transaction having the effect of a domestication or a conversion, as applicable.","path":["TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS","CHAPTER 14. MONTANA BUSINESS CORPORATION ACT","Part 9. Domestication and Conversion"],"source_url":"https://mca.legmt.gov/bills/mca/title_0350/chapter_0140/part_0090/section_0010/0350-0140-0090-0010.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:53:28Z","sha256":"43764f59fc97b70ee4f83529f909d2bdd3c6be5a26d49fe9eaa01f51697cad2f","source_id":"us-mt","stale":false,"prev":"us-mt/35-14-870","next":"us-mt/35-14-902"},"notice":"GroundRules: Original legal text. Not legal advice."}