Montana Statutes
§ 35-15-203 — First Meeting
Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 15 COOPERATIVE ASSOCIATIONS·Part 2 Formation -- Articles of Incorporation -- Bylaws
35-15-203 . First meeting. As soon as the initial shares of the capital stock have been subscribed, the commissioners shall convene a meeting of the subscribers for the purpose of electing directors, adopting bylaws, and transacting other business properly before them. Notice of the meeting must be given to each subscriber by mailing the notice or sending the notice by electronic means, properly addressed, at least 10 days before the meeting. The notice must contain the object, time, and place of the meeting.
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Legislative History
En. Sec. 872, Civ. C. 1895; re-en. Sec. 4212, Rev. C. 1907; re-en. Sec. 6377, R.C.M. 1921; re-en. Sec. 6377, R.C.M. 1935; amd. Sec. 2, Ch. 273, L. 1955; amd. Sec. 1, Ch. 342, L. 1973; R.C.M. 1947, 14-203(part); amd. Sec. 3, Ch. 109, L. 2001; amd. Sec. 3, Ch. 277, L. 2023.
Nearby Sections
15
§ 35-15-101
Reserved Power Of Regulation§ 35-15-102
Requirements Of Chapter Exclusive§ 35-15-103
Powers§ 35-15-201
Incorporation§ 35-15-203
First Meeting§ 35-15-206
Bylaws§ 35-15-207
Through 35-15-209 Reserved§ 35-15-210
Fees For Filing, Copying, And Services§ 35-15-211
Filing Of Facsimile Copy§ 35-15-301
Increase Of Membership