Montana Code Annotated

Mont. Code Ann. § 35-1-463 (2026)

Repealed

✓ current as of May 2026
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TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 1. MONTANA BENEFIT CORPORATION ACT

Part 4. Directors and Officers (Renumbered and Repealed)

Repealed

35-1-463. Repealed. Secs. 269, 274, Ch. 271, L. 2019.

History: En. Sec. 110, Ch. 368, L. 1991.

Notes of Decisions
Cited in 2 cases, 2011–2018 · leading case: Associated Mgmt. Servs., Inc. v. Ruff, 424 P.3d 571 (Mont. 2018).
Associated Mgmt. Servs., Inc. v. Ruff, 424 P.3d 571 (Mont. 2018). · cites it 4× “Consequently, AMS asserts that, absent a majority vote of uninterested AMS directors, the agreement was void as a matter of law pursuant to § 35-1-463, MCA. AMS asserts that the conflict of interest "deprived" Diane Ruff of any "actual or ostensible authority" that she may…”
Warren v. Campbell Farming Corp., 2011 MT 325 (Mont. 2011). · cites it 4× “62 [§35-1-463, MCA] or in section 8.63 [§35-1-464, MCA] is complied with, or if the transaction is fair to the corporation [§35-l-462(2)(c), MCA], then a director’s conflicting interest transaction is immune from attack on any ground of a personal interest or conflict of…”
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