35-2-439. Required officers. (1) Unless otherwise provided in the articles or bylaws, a corporation has a president, a secretary, a treasurer, and any other officers appointed by the board.

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Terms Used In Montana Code 35-2-439

  • 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
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Corporation: means a public benefit corporation, mutual benefit corporation, or religious corporation. See Montana Code 35-2-114
  • Directors: means individuals:

    (a)designated in the articles or bylaws or elected by the incorporators and their successors; and

    (b)elected or appointed by any other name or title to act as members of the board. See Montana Code 35-2-114

  • Person: includes any individual or entity. See Montana Code 35-2-114
  • Secretary: means the corporate officer to whom the board of directors has delegated responsibility under 35-2-439(2) for custody of the minutes of the directors' and members' meetings and for authenticating the records of the corporation. See Montana Code 35-2-114

(2)The bylaws or the board shall delegate to one of the officers responsibility for preparing minutes of the directors‘ and members’ meetings and for authenticating records of the corporation.

(3)A person may simultaneously hold more than one office in a corporation.