{"data":{"id":"us-mt/35-4-303","jurisdiction":"us-mt","citation":"35-4-303","heading":"Proxies and voting trusts.","body":"No proxy for shares of a professional corporation is valid unless given to a qualified person. A voting trust for shares of a professional corporation is invalid unless all trustees and beneficiaries are qualified persons, except that a voting trust is valid for 10 months after the death of a deceased beneficiary or for 5 months after a beneficiary has become a disqualified person.","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_0030/0350-0040-0030-0030.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:53:14Z","sha256":"12efa9338a7fd8a2ad2b35cfcc5cade449fa2ebd31398de0d2a06a413d90f45b","source_id":"us-mt","stale":false,"prev":"us-mt/35-4-302","next":"us-mt/35-4-304"},"notice":"GroundRules: Original legal text. Not legal advice."}