{"data":{"id":"us-mt/35-4-302","jurisdiction":"us-mt","citation":"35-4-302","heading":"Corporation's right to acquire its own shares.","body":"A professional corporation may purchase its own shares from a disqualified person without regard to the availability of capital or surplus for such purchase; however, no purchase of or payment for its own shares may be made at a time when the corporation is insolvent or if purchase or payment would make it insolvent.","path":["TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS","CHAPTER 4. MONTANA PROFESSIONAL CORPORATION ACT","Part 3. Shares and Shareholders"],"source_url":"https://mca.legmt.gov/bills/mca/title_0350/chapter_0040/part_0030/section_0020/0350-0040-0030-0020.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:53:14Z","sha256":"838faef7a68cbd6740e89f011201ab8a5f06382811d8c21336c6a088a0ae5ba5","source_id":"us-mt","stale":false,"prev":"us-mt/35-4-301","next":"us-mt/35-4-303"},"notice":"GroundRules: Original legal text. Not legal advice."}