Montana Statutes

§ 33-4-308 — Board Of Directors -- Quorum

Montana·Title 33 INSURANCE AND INSURANCE COMPANIES·Ch. 4 FARM MUTUAL INSURERS·Part 3 Management

33-4-308 . Board of directors -- quorum.

(1)The general management of the affairs of a farm mutual insurer is vested in its board of directors.
(2)A majority of the directors shall constitute a quorum to do business at any lawful meeting of the board.

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Legislative History

En. Sec. 494, Ch. 286, L. 1959; R.C.M. 1947, 40-4827.

Nearby Sections

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