Montana Code Annotated 2019

TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 14. MONTANA BUSINESS CORPORATION ACT(Effective June 1, 2020)

Part 8. Directors and Officers(Effective June 1, 2020)

Officers

35-14-840. Officers. (1) A corporation has the officers described in its bylaws or appointed by the board of directors in accordance with the bylaws.

(2) The board of directors may elect individuals to fill one or more offices of the corporation. An officer may appoint one or more officers if authorized by the bylaws or the board of directors.

(3) The bylaws or the board of directors shall assign to an officer responsibility for maintaining and authenticating the records of the corporation required to be kept under 35-14-1601(1).

(4) The same individual may simultaneously hold more than one office in a corporation.

History: En. Sec. 114, Ch. 271, L. 2019.