1. MCA Contents
  2. TITLE 35
  3. CHAPTER 15
  4. Part 3
  5. 35-15-301 Increase of membership

TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 15. COOPERATIVE ASSOCIATIONS

Part 3. Shareholders, Directors, and Officers

Increase Of Membership

35-15-301. Increase of membership. An association licensed to operate under this chapter may, by a majority of its stockholders, increase its membership in such manner as may be provided in its bylaws, not inconsistent with any of the provisions of this chapter.

History: En. Sec. 879, Civ. C. 1895; re-en. Sec. 4219, Rev. C. 1907; re-en. Sec. 6384, R.C.M. 1921; re-en. Sec. 6384, R.C.M. 1935; R.C.M. 1947, 14-210.