Montana § 17-6-233 - Voting Ownership Interests
Full text of Montana Montana Code Annotated § 17-6-233 — Voting Ownership Interests, with citation guidance and answers to common questions.
§ 17-6-233. Voting Ownership Interests
Voting ownership interests. (1) All shares held directly or indirectly by or on behalf of the board must be voted solely in the pecuniary interest of the beneficiaries of the funds. (2) Voting to further nonpecuniary, environmental, social, governance, or other similarly oriented considerations is prohibited. (3) The board may not follow the recommendations of a proxy advisory firm or other service providers unless the firm or service provider commits to follow proxy voting guidelines that are consistent with the board's obligation to act based solely on pecuniary factors unless no economically practicable alternative is available.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 17-6-233
What does Montana Code Annotated § 17-6-233 cover?
Section 17-6-233 ("Voting Ownership Interests") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 17-6-233?
A common citation format is "Montana Code Annotated § 17-6-233" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 17-6-233 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.