{"data":{"id":"us-mt/35-2-1301","jurisdiction":"us-mt","citation":"35-2-1301","heading":"Standing.","body":"(1) For purposes of this part, \"derivative proceeding\" means a civil suit in the right of a domestic corporation or, to the extent provided in 35-2-1307, in the right of a foreign corporation.\n(2) A derivative proceeding may be commenced or maintained by a complainant who is:\n(a) a director at the time of the bringing of the proceeding; or\n(b) a member or members having 5% or more of the voting power or by 50 members, whichever is less. Each member must be a member at the time of the proceeding, including the time of the complained act or omission.","path":["TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS","CHAPTER 2. NONPROFIT CORPORATIONS","Part 13. Derivative Actions"],"source_url":"https://mca.legmt.gov/bills/mca/title_0350/chapter_0020/part_0130/section_0010/0350-0020-0130-0010.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:53:13Z","sha256":"7dbe0a2175b209764a3862562f59b73aae2ae1dd705a5201ccd86c0ef1c009ba","source_id":"us-mt","stale":false,"prev":"us-mt/35-2-1203","next":"us-mt/35-2-1302"},"notice":"GroundRules: Original legal text. Not legal advice."}