Montana § 35-17-503 Meeting To Consider Plan -- Notice

Montana Statutes

§ 35-17-503 — Meeting To Consider Plan -- Notice

Montana § 35-17-503

Title 35CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

Ch. 17COOPERATIVE AGRICULTURAL MARKETING

Part 5Merger, Consolidation, and Sale of Assets

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Bluebook

Mont. Code Ann. § 35-17-503 (2026).

Text

35-17-503 . Meeting to consider plan -- notice.

(1)Notice of the proposed plan and, in the case of consolidation, of the proposed new articles shall be mailed to each stockholder of the associations to be affected thereby.

(2)The notice shall advise the stockholders of each association of the time and place that each association will meet, at which time the proposal shall be considered and voted upon by each association. The meetings may be held not less than 30 or more than 60 days after the mailing of notice. The plan shall be considered adopted if a quorum is present and two-thirds of those voting vote in its favor.

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35-17-503 . Meeting to consider plan -- notice. (1) Notice of the proposed plan and, in the case of consolidation, of the proposed new articles shall be mailed to each stockholder of the associations to be affected thereby.
(2) The notice shall advise the stockholders of each association of the time and place that each association will meet, at which time the proposal shall be considered and voted upon by each association. The meetings may be held not less than 30 or more than 60 days after the mailing of notice. The plan shall be considered adopted if a quorum is present and two-thirds of those voting vote in its favor.