§ 35-15-401 Classes of stock
§ 35-15-402 Forfeiture of stock for nonpayment — reissuance
§ 35-15-403 Assignment of stock
§ 35-15-404 Share exempt from attachment and execution — sale upon death of member
§ 35-15-411 Disposal of earnings — dividends — reserve fund — educational fund
§ 35-15-412 When distribution of profits and earnings to be made — dissolution for failure to pay dividend for five years
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Terms Used In Montana Code > Title 35 > Chapter 15 > Part 4 - Shares, Dividends, and Distributions

  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
  • Property: means real and personal property. See Montana Code 1-1-205
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201