Montana Statutes
§ 35-2-435 — Loans To Or Guaranties For Directors And Officers
Montana § 35-2-435
JurisdictionMontana
Title 35CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
Ch. 2NONPROFIT CORPORATIONS
Part 4Directors and Officers -- Indemnification
This text of Montana § 35-2-435 (Loans To Or Guaranties For Directors And Officers) 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. § 35-2-435 (2026).
Text
35-2-435 . Loans to or guaranties for directors and officers.
(1)A corporation may not lend money to or guarantee the obligation of a director or officer of the corporation.
(2)The fact that a loan or guaranty is made in violation of this section does not affect the borrower's liability on the loan.
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Legislative History
En. Sec. 93, Ch. 411, L. 1991.
Nearby Sections
15
§ 35-2-1001
Repealed§ 35-2-1002
Repealed§ 35-2-1003
Fees For Filing, Copying, And Services§ 35-2-101
Renumbered 35-2-113§ 35-2-102
Repealed§ 35-2-103
Repealed§ 35-2-104
Repealed§ 35-2-105
Repealed§ 35-2-106
Repealed§ 35-2-107
Repealed§ 35-2-108
Repealed§ 35-2-109
Repealed§ 35-2-110
Repealed§ 35-2-1101
Repealed§ 35-2-1102
RepealedCite This Page — Counsel Stack
Bluebook (online)
Montana § 35-2-435, Counsel Stack Legal Research, https://law.counselstack.com/statute/mt/2/35-2-435.