Montana Statutes
§ 35-16-209 — Creation Of Subdivisions Or Subdistricts
Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 16 AGRICULTURAL ASSOCIATIONS·Part 2 Formation
35-16-209 . Creation of subdivisions or subdistricts. Any corporation or district organized under the provisions hereof shall have the power to create subdivisions or subdistricts of said corporation or district, by geographical or other location, as shall best subserve the purposes of the corporation or district or the welfare of the membership of the corporation or district residing in the proposed subdivision or subdistrict, provided any property owned or acquired by the subdivision or subdistrict thus created shall at all times be the property of the corporation or district and its members and membership lands subject to the objects, purposes, and liabilities of the corporation or district, as herein provided.
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Legislative History
En. Sec. 8, Art. 1, Ch. 152, L. 1921; re-en. Sec. 6404, R.C.M. 1921; re-en. Sec. 6404, R.C.M. 1935; R.C.M. 1947, 14-308.
Nearby Sections
15
§ 35-16-101
Applicability Of General Corporate Law§ 35-16-103
Order Of District Court Final -- Appeal§ 35-16-203
Notice Of Hearing Of Petition§ 35-16-205
First Meeting -- Notice§ 35-16-206
Bylaws To Be Adopted At First Meeting§ 35-16-207
Bylaws -- Contents§ 35-16-208
Bylaws -- Recording And Amendment§ 35-16-209
Creation Of Subdivisions Or Subdistricts