Montana § 33-3-305 - Directors -- Number And Election
Full text of Montana Montana Code Annotated § 33-3-305 — Directors -- Number And Election, with citation guidance and answers to common questions.
§ 33-3-305. Directors -- Number And Election
Directors -- number and election. (1) The affairs of every domestic insurer must be managed by the number of directors fixed in the insurer's bylaws, which may not be less than 5 or more than 21 directors. (2) Directors must be elected by the members or stockholders of a domestic insurer, except as provided in 33-3-306 , at the time and place and for the terms, not exceeding 3 years, as may be provided in the insurer's bylaws. A majority of directors must be elected from the members or stockholders of the domestic insurer. (3) The term of a director shall extend until a successor has been elected and has qualified.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 33-3-305
What does Montana Code Annotated § 33-3-305 cover?
Section 33-3-305 ("Directors -- Number And Election") 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 § 33-3-305?
A common citation format is "Montana Code Annotated § 33-3-305" (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 § 33-3-305 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.