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2019 Montana Code Annotated
Title 35. Corporations, Partnerships, and Associations
Chapter 1. Business Corporations
Part 8. Merger, Consolidation,Share Exchange, and Sale of Assets(Repealed effective June 1, 2020)
35-1-833. Share restrictions
Universal Citation: MT Code § 35-1-833 (2019)
35-1-833. (Temporary) Share restrictions. (1) The corporation may restrict the transfer of uncertificated shares from the date the demand for their payment is received until the proposed corporate action is taken or the restrictions are released under 35-1-835.
(2) The person for whom dissenters' rights are asserted as to uncertificated shares retains all other rights of a shareholder until these rights are canceled or modified by the taking of the proposed corporate action. (Repealed effective June 1, 2020--secs. 269, 274, Ch. 271, L. 2019.)
History: En. Sec. 140, Ch. 368, L. 1991.
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