Montana § 35-14-742 - Demand
Full text of Montana Montana Code Annotated § 35-14-742 — Demand, with citation guidance and answers to common questions.
§ 35-14-742. Demand
Demand. A shareholder may not commence a derivative proceeding until: (1) a written demand has been made on the corporation to take suitable action; and (2) 90 days have expired from the date delivery of the demand was made unless the shareholder has earlier been notified that the demand has been rejected by the corporation or unless irreparable injury to the corporation would result by waiting for the expiration of the 90-day period.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 35-14-742
What does Montana Code Annotated § 35-14-742 cover?
Section 35-14-742 ("Demand") 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 § 35-14-742?
A common citation format is "Montana Code Annotated § 35-14-742" (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 § 35-14-742 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.