{"data":{"id":"us-mt/35-2-1402","jurisdiction":"us-mt","citation":"35-2-1402","heading":"Authorized distributions.","body":"(1) A mutual benefit corporation may purchase its memberships if after the purchase is completed:\n(a) the corporation would be able to pay its debts as they become due in the usual course of its activities; and\n(b) the corporation's total assets would at least equal the sum of its total liabilities.\n(2) Corporations may make distributions upon dissolution in conformity with part 7 of this chapter.","path":["TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS","CHAPTER 2. NONPROFIT CORPORATIONS","Part 14. Distributions"],"source_url":"https://mca.legmt.gov/bills/mca/title_0350/chapter_0020/part_0140/section_0020/0350-0020-0140-0020.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:53:13Z","sha256":"6afff547e137f1d358f39500a733313bfd282b2e55b5e0abed9ad314bfb84139","source_id":"us-mt","stale":false,"prev":"us-mt/35-2-1401","next":"us-mt/35-3-101"},"notice":"GroundRules: Original legal text. Not legal advice."}
