Montana § 35-2-1305 Discontinuance Or Settlement -- Notice

Montana Statutes

§ 35-2-1305 — Discontinuance Or Settlement -- Notice

Montana § 35-2-1305

Title 35CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

Ch. 2NONPROFIT CORPORATIONS

Part 13Derivative Actions

This text of Montana § 35-2-1305 (Discontinuance Or Settlement -- Notice) 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. § 35-2-1305 (2026).

Text

35-2-1305 . Discontinuance or settlement -- notice. A derivative proceeding may not be discontinued or settled without the court's approval. If the court determines that a proposed discontinuance or settlement will substantially affect the interests of the corporation's members or a class of members, the court shall direct that notice be given to the members affected.

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