- (1) If action is to be taken with respect to any matter which is not required to be submitted to a vote of stockholders, the proxy statement shall state the nature of the matter, the reason for submitting it to a vote of stockholders, and any action intended by the management in the event of a negative vote on the matter by the stockholders.
Authorizing statute(s): Sec. 33-3-447 MCA
Implementing statute(s): Sec. 33-3-447 MCA
History: EMERG, NEW, Eff. 5/5/75.