{"data":{"id":"us-mt/35-16-314","jurisdiction":"us-mt","citation":"35-16-314","heading":"Qualifications of directors -- quorum -- vacancies.","body":"(1) A person is not eligible to be a director of any corporation or district organized under the provisions of this chapter unless the person is a member of the corporation or district and a resident agricultural freeholder in the state of Montana.\n(2) A quorum of the board of directors is necessary for the transaction of business. However, if the bylaws or board of directors provide for an executive committee, a quorum of that committee may carry on business.\n(3) Whenever a vacancy occurs in the office of a director, unless the bylaws provide otherwise, the vacancy may be filled by appointment by the board of directors.","path":["TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS","CHAPTER 16. AGRICULTURAL ASSOCIATIONS","Part 3. Members and Directors"],"source_url":"https://mca.legmt.gov/bills/mca/title_0350/chapter_0160/part_0030/section_0140/0350-0160-0030-0140.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:53:32Z","sha256":"1f1ce666f53727916f4e21a2b9a933ec64a7f5c5b838205126cc034483d43c58","source_id":"us-mt","stale":false,"prev":"us-mt/35-16-313","next":"us-mt/35-16-315"},"notice":"GroundRules: Original legal text. Not legal advice."}
