Montana Statutes
§ 35-18-301 — Members
Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 18 RURAL COOPERATIVE UTILITIES·Part 3 Operation -- Members, Trustees, and Officers
35-18-301 . Members.
(1)A person who is not an incorporator may not become a member of a cooperative unless that person agrees to use electrical energy, electrical energy delivery services, or telephone service as provided by the cooperative's bylaws.
(2)Membership in the cooperative is not transferable, except as provided in the bylaws. The articles of incorporation or the bylaws may allow joint membership and may prescribe additional qualifications, limitations, rights, and obligations in respect to any membership and membership class, including but not limited to the number of trustees that each class or membership or class or classes of membership within a voting district under 35-18-313 are entitled to elect.
(3)The articles of incorporation or the bylaws of a cooperative may provi
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Legislative History
En. Sec. 8, Ch. 172, L. 1939; amd. Sec. 5, Ch. 80, L. 1957; R.C.M. 1947, 14-508(a); amd. Sec. 45, Ch. 7, L. 2001; amd. Sec. 5, Ch. 406, L. 2001.
Nearby Sections
15
§ 35-18-101
Short Title§ 35-18-102
Definitions§ 35-18-103
Construction§ 35-18-105
Permissible Purposes For Incorporation§ 35-18-106
Powers Of Cooperatives§ 35-18-107
Foreign Corporations§ 35-18-108
Waiver Of Notice§ 35-18-201
Name§ 35-18-202
Incorporators§ 35-18-203
Articles Of Incorporation§ 35-18-204
Amendment Of Articles Of Incorporation§ 35-18-205
Change Of Principal Office Without Amendment