35-2-524. Delegates. (1) A corporation may provide in its articles or bylaws for delegates who have some or all of the authority of members.

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Montana Code 35-2-524

  • 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
  • Delegates: means those persons elected or appointed to vote in a representative assembly for the election of a director or directors or on other matters. See Montana Code 35-2-114

(2)The articles or bylaws may set forth provisions relating to:

(a)the characteristics, qualifications, rights, limitations, and obligations of delegates including their selection and removal;

(b)calling, noticing, holding, and conducting meetings of delegates; and

(c)carrying on corporate activities during and between meetings of delegates.