Montana § 32-4-301 Powers Of Stockholders

Montana Statutes

§ 32-4-301 — Powers Of Stockholders

Montana § 32-4-301

Title 32FINANCIAL INSTITUTIONS

Ch. 4DEVELOPMENT CORPORATION ACT

Part 3Operation and Regulation

This text of Montana § 32-4-301 (Powers Of Stockholders) 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. § 32-4-301 (2026).

Text

32-4-301 . Powers of stockholders.

(1)The stockholders of the corporation have the following powers of the corporation:

(a)to determine the number of and elect directors as provided in 32-4-206 ;

(b)to make, amend, and repeal bylaws;

(c)to amend the articles of incorporation as provided in 32-4-205 ;

(d)to exercise other powers of the corporation as may be conferred on the stockholders by the bylaws.

(2)As to all matters requiring action by the stockholders of the corporation and except as otherwise provided in this chapter, the matters require the affirmative vote of a majority of the votes to which the stockholders present or represented at the meeting are entitled.

(3)Each stockholder has one vote, in person or by proxy, for each share of capital stock held by the stockholder.

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32-4-301 . Powers of stockholders. (1) The stockholders of the corporation have the following powers of the corporation:
(a) to determine the number of and elect directors as provided in 32-4-206 ;
(b) to make, amend, and repeal bylaws;
(c) to amend the articles of incorporation as provided in 32-4-205 ;
(d) to exercise other powers of the corporation as may be conferred on the stockholders by the bylaws.
(2) As to all matters requiring action by the stockholders of the corporation and except as otherwise provided in this chapter, the matters require the affirmative vote of a majority of the votes to which the stockholders present or represented at the meeting are entitled.
(3) Each stockholder has one vote, in person or by proxy, for each share of capital stock held by the stockholder.