Montana § 17-6-233 Voting Ownership Interests

Montana Statutes

§ 17-6-233 — Voting Ownership Interests

Montana § 17-6-233

Title 17STATE FINANCE

Ch. 6DEPOSITS AND INVESTMENTS

Part 2Investments

This text of Montana § 17-6-233 (Voting Ownership Interests) 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. § 17-6-233 (2026).

Text

17-6-233 . Voting ownership interests.

(1)All shares held directly or indirectly by or on behalf of the board must be voted solely in the pecuniary interest of the beneficiaries of the funds.

(2)Voting to further nonpecuniary, environmental, social, governance, or other similarly oriented considerations is prohibited.

(3)The board may not follow the recommendations of a proxy advisory firm or other service providers unless the firm or service provider commits to follow proxy voting guidelines that are consistent with the board's obligation to act based solely on pecuniary factors unless no economically practicable alternative is available.

Free access — add to your briefcase to read the full text and ask questions with AI

17-6-233 . Voting ownership interests. (1) All shares held directly or indirectly by or on behalf of the board must be voted solely in the pecuniary interest of the beneficiaries of the funds.
(2) Voting to further nonpecuniary, environmental, social, governance, or other similarly oriented considerations is prohibited.
(3) The board may not follow the recommendations of a proxy advisory firm or other service providers unless the firm or service provider commits to follow proxy voting guidelines that are consistent with the board's obligation to act based solely on pecuniary factors unless no economically practicable alternative is available.