35-2-510. Admission. (1) The articles or bylaws may establish criteria or procedures for admission of members.

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Terms Used In Montana Code 35-2-510

  • articles: include amended and restated articles of incorporation and articles of merger. See Montana Code 35-2-114
  • Bylaws: means the code, codes, or rules, other than the articles, adopted pursuant to this chapter for the regulation or management of the affairs of the corporation, regardless of the name or names by which the code, codes, or rules are designated. See Montana Code 35-2-114
  • Member: means , without regard to what a person is called in the articles or bylaws, a person or persons who, on more than one occasion and pursuant to a provision of a corporation's articles or bylaws, have the right to vote for the election of a director or directors. See Montana Code 35-2-114
  • Person: includes any individual or entity. See Montana Code 35-2-114

(2)A person may not be admitted as a member without the person’s consent.