Montana Code § 35-14-740

Definitions -- Derivative Proceedings
Open in Lexace · Ask the AI about this section
35-14-740 . Definitions -- derivative proceedings. In 35-14-740 through 35-14-747 , the following definitions apply: (1) "Derivative proceeding" means a civil suit in the right of a domestic corporation or, to the extent provided in 35-14-747 , in the right of a foreign corporation. (2) "Shareholder" means a record shareholder, a beneficial shareholder, and an unrestricted voting trust beneficial owner.

‹ Prev All Montana sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.