Montana § 35-14-740 Definitions -- Derivative Proceedings

Montana Statutes

§ 35-14-740 — Definitions -- Derivative Proceedings

Montana § 35-14-740

Title 35CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

Ch. 14MONTANA BUSINESS CORPORATION ACT

Part 7Shareholders

This text of Montana § 35-14-740 (Definitions -- Derivative Proceedings) 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. § 35-14-740 (2026).

Text

35-14-740 . Definitions -- derivative proceedings. In 35-14-740 through 35-14-747 , the following definitions apply:

(1)"Derivative proceeding" means a civil suit in the right of a domestic corporation or, to the extent provided in 35-14-747 , in the right of a foreign corporation.

(2)"Shareholder" means a record shareholder, a beneficial shareholder, and an unrestricted voting trust beneficial owner.

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35-14-740 . Definitions -- derivative proceedings. In 35-14-740 through 35-14-747 , the following definitions apply:
(1) "Derivative proceeding" means a civil suit in the right of a domestic corporation or, to the extent provided in 35-14-747 , in the right of a foreign corporation.
(2) "Shareholder" means a record shareholder, a beneficial shareholder, and an unrestricted voting trust beneficial owner.