Montana Close Corporation Act

Sections covered

• Mont. Code Ann. § 35-9-101Short title
• Mont. Code Ann. § 35-9-102Application of Montana Business Corporation Act and Montana Professional Corporation Act
• Mont. Code Ann. § 35-9-103Definition and election of statutory close corporation status
• Mont. Code Ann. § 35-9-201Notice of statutory close corporation status on issued shares
• Mont. Code Ann. § 35-9-202Share transfer prohibition
• Mont. Code Ann. § 35-9-203Share transfer after first refusal by corporation
• Mont. Code Ann. § 35-9-204Attempted share transfer in breach of prohibition
• Mont. Code Ann. § 35-9-205Compulsory purchase of shares after death of shareholder
• Mont. Code Ann. § 35-9-206Exercise of compulsory purchase right
• Mont. Code Ann. § 35-9-207Court action to compel purchase
• Mont. Code Ann. § 35-9-208Court costs and other expenses
• Mont. Code Ann. § 35-9-301Shareholder agreements
• Mont. Code Ann. § 35-9-302Elimination of board of directors
• Mont. Code Ann. § 35-9-303Bylaws
• Mont. Code Ann. § 35-9-304Annual meeting
• Mont. Code Ann. § 35-9-305Holding more than one office -- execution of documents in more than one capacity
• Mont. Code Ann. § 35-9-306Limited liability
• Mont. Code Ann. § 35-9-401Merger -- share exchange -- sale of assets
• Mont. Code Ann. § 35-9-402Termination of statutory close corporation status
• Mont. Code Ann. § 35-9-403Effect of termination of statutory close corporation status
• Mont. Code Ann. § 35-9-404Shareholder option to dissolve corporation
• Mont. Code Ann. § 35-9-501Court action to protect shareholders
• Mont. Code Ann. § 35-9-502Ordinary relief
• Mont. Code Ann. § 35-9-503Extraordinary relief -- share purchase
• Mont. Code Ann. § 35-9-504Extraordinary relief -- dissolution