Montana § 35-15-502 Plan For Merger Or Consolidation

Montana Statutes

§ 35-15-502 — Plan For Merger Or Consolidation

Montana § 35-15-502

Title 35CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

Ch. 15COOPERATIVE ASSOCIATIONS

Part 5Merger, Consolidation, and Sale of Assets

This text of Montana § 35-15-502 (Plan For Merger Or Consolidation) 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. § 35-15-502 (2026).

Text

35-15-502 . Plan for merger or consolidation. Before an association may merge or consolidate with any other association, a written plan of merger or consolidation shall be prepared by the board of directors of one or both associations, by a committee appointed for that purpose by the board of directors of one or both associations, or by a committee composed of at least 10% of the stockholders of one of the associations concerned. Such plan shall set forth all the terms of the merger or consolidation and the proposed effect thereof on each of the stockholders of the associations concerned. In the case of consolidation, the plan shall also contain a copy of the proposed articles for the new association to be formed.

Free access — add to your briefcase to read the full text and ask questions with AI

35-15-502 . Plan for merger or consolidation. Before an association may merge or consolidate with any other association, a written plan of merger or consolidation shall be prepared by the board of directors of one or both associations, by a committee appointed for that purpose by the board of directors of one or both associations, or by a committee composed of at least 10% of the stockholders of one of the associations concerned. Such plan shall set forth all the terms of the merger or consolidation and the proposed effect thereof on each of the stockholders of the associations concerned. In the case of consolidation, the plan shall also contain a copy of the proposed articles for the new association to be formed.