Mont. Code Ann. » TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS · CHAPTER 1. MONTANA BENEFIT CORPORATION ACT · Part 1. General (Renumbered and Repealed)
Montana Code Annotated

Mont. Code Ann. § 35-1-115 (2026)

Repealed

✓ current as of May 2026
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  1. MCA Contents
  2. TITLE 35
  3. CHAPTER 1
  4. Part 1
  5. 35-1-115 Repealed

TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 1. MONTANA BENEFIT CORPORATION ACT

Part 1. General (Renumbered and Repealed)

Repealed

35-1-115. Repealed. Secs. 269, 274, Ch. 271, L. 2019.

History: En. Sec. 23, Ch. 368, L. 1991; amd. Sec. 1, Ch. 249, L. 1993.

Notes of Decisions
Cited in 2 cases, 1993–2011 · leading case: Warren v. Campbell Farming Corp., 2011 MT 325 (Mont. 2011).
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Warren v. Campbell Farming Corp., 2011 MT 325 (Mont. 2011). · cites it 4× “¶6 The District Court rejected Defendants’ arguments that the bonus was permissibly paid under § 35-1-115(11), MCA, which permits directors to fix their own compensation, and § 35-1-115(12), MCA, which authorizes corporations to establish “share bonus plans” and other similar…”
Kondelik v. First Fid. Bk. of Glendive, 857 P.2d 687 (Mont. 1993). · cites it 3× “Section 35-1-115(1), MCA. It also provides for shareholder derivative actions in certain circumstances.”
— Mont. Code Ann. § 35-1-115(1) — 1 case
Kondelik v. First Fid. Bk. of Glendive, 857 P.2d 687 (Mont. 1993). “Section 35-1-115(1), MCA. It also provides for shareholder derivative actions in certain circumstances.”
— Mont. Code Ann. § 35-1-115(11) — 1 case
Warren v. Campbell Farming Corp., 2011 MT 325 (Mont. 2011). “¶6 The District Court rejected Defendants’ arguments that the bonus was permissibly paid under § 35-1-115(11), MCA, which permits directors to fix their own compensation, and § 35-1-115(12), MCA, which authorizes corporations to establish “share bonus plans” and other similar…”
— Mont. Code Ann. § 35-1-115(12) — 1 case
Warren v. Campbell Farming Corp., 2011 MT 325 (Mont. 2011). “¶6 The District Court rejected Defendants’ arguments that the bonus was permissibly paid under § 35-1-115(11), MCA, which permits directors to fix their own compensation, and § 35-1-115(12), MCA, which authorizes corporations to establish “share bonus plans” and other similar…”
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