Montana § 35-14-740 - Definitions -- Derivative Proceedings

Full text of Montana Montana Code Annotated § 35-14-740 — Definitions -- Derivative Proceedings, with citation guidance and answers to common questions.

§ 35-14-740. Definitions -- Derivative Proceedings

Definitions -- derivative proceedings. In 35-14-740 through 35-14-747 , the following definitions apply: (1) "Derivative proceeding" means a civil suit in the right of a domestic corporation or, to the extent provided in 35-14-747 , in the right of a foreign corporation. (2) "Shareholder" means a record shareholder, a beneficial shareholder, and an unrestricted voting trust beneficial owner.

Source: official Montana text · Last verified 2026-08-27

Frequently Asked Questions About Montana § 35-14-740

What does Montana Code Annotated § 35-14-740 cover?

Section 35-14-740 ("Definitions -- Derivative Proceedings") 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 § 35-14-740?

A common citation format is "Montana Code Annotated § 35-14-740" (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 § 35-14-740 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.