Montana Statutes

§ 35-14-631 — Corporation's Acquisition Of Its Own Shares

Montana § 35-14-631
JurisdictionMontana
Title 35CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
Ch. 14MONTANA BUSINESS CORPORATION ACT
Part 6Shares and Distributions

This text of Montana § 35-14-631 (Corporation's Acquisition Of Its Own Shares) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Mont. Code Ann. § 35-14-631 (2026).

Text

35-14-631 . Corporation's acquisition of its own shares.

(1)A corporation may acquire its own shares, and shares so acquired constitute authorized but unissued shares.
(2)If the articles of incorporation prohibit the reissue of the acquired shares, the number of authorized shares is reduced by the number of shares acquired.

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Legislative History

En. Sec. 59, Ch. 271, L. 2019.

Nearby Sections

15
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Bluebook (online)
Montana § 35-14-631, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/14/35-14-631.