Montana Statutes
§ 32-3-405 — Vacancies
32-3-405 . Vacancies.
(1)The board of directors shall fill any vacancies occurring in the board within 60 days. An individual appointed to fill a vacancy shall serve until successors elected at the next annual meeting have qualified or as provided in the bylaws.
(2)The board shall also fill vacancies in the credit and supervisory committees within 60 days or as provided in the bylaws.
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Legislative History
En. 14-624 by Sec. 24, Ch. 38, L. 1975; R.C.M. 1947, 14-624; amd. Sec. 7, Ch. 317, L. 2015.
Nearby Sections
15
§ 32-3-1001
And 32-3-1002 Reserved§ 32-3-1005
Theft Of Funds§ 32-3-1006
And 32-3-1007 Reserved§ 32-3-1008
Concealing Actions From Directors§ 32-3-1009
False Statement To Obtain Or Extend Loan§ 32-3-101
Short Title§ 32-3-1010
Through 32-3-1012 Reserved§ 32-3-102
Purposes -- Definitions§ 32-3-103
Use Of Name Exclusive§ 32-3-104
Office Facilities§ 32-3-105
Fiscal Year