Operation -- Members, Directors, and Officers | Midpage

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Montana Code Annotated

Part 3

Operation -- Members, Directors, and Officers

35-17-301Who may be members 35-17-302Stock -- issuance -- limitations on ownership and transfer -- repurchase by association 35-17-303Limited liability of members 35-17-304Expulsion of member 35-17-305Meetings of members -- general and special -- how called -- notice -- one vote for each member 35-17-306reserved 35-17-311Directors -- election -- compensation -- interest in contracts -- vacancies 35-17-312Officers -- election -- bank as treasurer 35-17-313Removal of officer or director 35-17-314Referendum to membership of matters passed by board 35-17-315Creation of capital reserve -- distribution of net earnings