Montana Statutes
§ 35-17-304 — Expulsion Of Member
Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 17 COOPERATIVE AGRICULTURAL MARKETING·Part 3 Operation -- Members, Directors, and Officers
35-17-304 . Expulsion of member. In case of the expulsion of a member, the board of directors shall equitably and conclusively appraise the member's property interests in the association and shall fix the amount of the interest in money, which must be paid to the member within 1 year after expulsion.
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Legislative History
En. Sec. 10, Ch. 233, L. 1921; re-en. Sec. 6437, R.C.M. 1921; re-en. Sec. 6437, R.C.M. 1935; amd. Sec. 3, Ch. 298, L. 1977; R.C.M. 1947, 14-410(part); amd. Sec. 7, Ch. 130, L. 1999.
Nearby Sections
15
§ 35-17-101
Short Title§ 35-17-102
Declaration Of Policy§ 35-17-104
Who May Organize§ 35-17-105
Permissible Purposes For Organization§ 35-17-106
Powers Of Associations§ 35-17-201
Marketing Survey§ 35-17-202
Articles Of Incorporation -- Contents -- Filing -- Articles Or Copies As Prima Facie Evidence§ 35-17-203
Amendments To Articles Of Incorporation§ 35-17-204
Adoption Of Chapter By Existing Associations§ 35-17-206
Bylaws§ 35-17-301
Who May Be Members§ 35-17-303
Limited Liability Of Members