33-6-201. Officers -- number -- bond. (1) Each benevolent association shall be in the charge of its officers and shall not have more than five officers.
     (2) The treasurer and any other officer having charge of any funds of a benevolent association shall each be bonded in the amount of $1,000, executed to the state of Montana, joint and several, for the use and benefit of the members or beneficiaries of such association. Each such bond shall be on file in the principal office and address of the association, and a certified copy thereof must be filed with the commissioner.

     History: En. Sec. 528, Ch. 286, L. 1959; R.C.M. 1947, 40-4908.