{"data":{"id":"us-mt/35-18-333","jurisdiction":"us-mt","citation":"35-18-333","heading":"Application.","body":"(1) A provision treating a cooperative's indemnification of trustees or officers that is contained in its articles of incorporation, its bylaws, a resolution of its shareholders or board of directors, a contract, or other instrument is valid only if and to the extent that the provision is consistent with 35-18-327 through 35-18-333. If articles of incorporation limit indemnification, indemnification is valid only to the extent that it is consistent with the articles of incorporation.\n(2) Sections 35-18-327 through 35-18-333 do not limit a cooperative's power to pay or reimburse expenses incurred by a trustee or officer in connection with the trustee's or officer's appearance as a witness in a proceeding at a time when the trustee or officer has not been made a named defendant or respondent to the proceeding.","path":["TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS","CHAPTER 18. RURAL COOPERATIVE UTILITIES","Part 3. Operation -- Members, Trustees, and Officers"],"source_url":"https://mca.legmt.gov/bills/mca/title_0350/chapter_0180/part_0030/section_0330/0350-0180-0030-0330.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:53:34Z","sha256":"26933cb9b3cadb4837a108779d3536b6991ab7893be93afe86566e6638c0aa58","source_id":"us-mt","stale":false,"prev":"us-mt/35-18-332","next":"us-mt/35-18-401"},"notice":"GroundRules: Original legal text. Not legal advice."}