Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2024 | Updated by Findlaw Staff
(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.
Cite this article: FindLaw.com - Montana Title 32. Financial Institutions § 32-4-301. Powers of stockholders - last updated January 01, 2024 | https://codes.findlaw.com/mt/title-32-financial-institutions/mt-st-32-4-301/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)