Montana Statutes
§ 32-4-204 — Effect Of Failure To Commence Business
32-4-204 . Effect of failure to commence business. If a corporation organized pursuant to this chapter shall fail to begin business within 5 years from the effective date of its articles of incorporation, then said articles shall become null and void.
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Legislative History
En. Sec. 16, Ch. 128, L. 1969; R.C.M. 1947, 15-2616.
Nearby Sections
15
§ 32-4-101
Definitions§ 32-4-102
Purpose§ 32-4-104
Application Of Corporation Law§ 32-4-202
Duration§ 32-4-203
Certificate Of Incorporation§ 32-4-204
Effect Of Failure To Commence Business§ 32-4-205
Amendment Of Articles Of Incorporation§ 32-4-206
Board Of Directors§ 32-4-207
First Meeting Of Corporation§ 32-4-208
Stock Ownership And Limitations§ 32-4-301
Powers Of Stockholders§ 32-4-303
Withdrawal Of Membership