Montana § 35-14-1108 - Abandonment Of Merger Or Share Exchange
Full text of Montana Montana Code Annotated § 35-14-1108 — Abandonment Of Merger Or Share Exchange, with citation guidance and answers to common questions.
§ 35-14-1108. Abandonment Of Merger Or Share Exchange
Abandonment of merger or share exchange. (1) After a plan of merger or share exchange has been adopted and approved as required by this part and before articles of merger or share exchange have become effective, the plan may be abandoned by a domestic business corporation that is a party to the plan without action by its shareholders in accordance with any procedures set forth in the plan of merger or share exchange or, if no procedures are set forth in the plan, in the manner determined by the board of directors. (2) If a merger or share exchange is abandoned under subsection (1) after articles of merger or share exchange have been delivered to the secretary of state for filing but before the merger or share exchange has become effective, a statement of abandonment signed by all the parties that signed the articles of merger or share exchange must be delivered to the secretary of state for filing before the articles of merger or share exchange become effective. The statement takes effect on filing and the merger or share exchange is abandoned and does not become effective. The statement of abandonment must contain: (a) the name of each party to the merger or the names of the acquiring and acquired entities in a share exchange; (b) the date on which the articles of merger or share exchange were filed by the secretary of state; and (c) a statement that the merger or share exchange has been abandoned in accordance with this section.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 35-14-1108
What does Montana Code Annotated § 35-14-1108 cover?
Section 35-14-1108 ("Abandonment Of Merger Or Share Exchange") 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 § 35-14-1108?
A common citation format is "Montana Code Annotated § 35-14-1108" (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 § 35-14-1108 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.