35-8-1403. Plan of domestication, MCA

Montana Code Annotated 2025

TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 8. MONTANA LIMITED LIABILITY COMPANY ACT

Part 14. Domestication

Plan Of Domestication

35-8-1403. Plan of domestication. (1) A domestic entity may become a foreign entity in a domestication by approving a plan of domestication. The plan must be in a record and must contain:

(a) the name and type of entity of the domesticating entity;

(b) the name and jurisdiction of formation of the domesticated entity;

(c) the manner of converting the interests in the domesticating entity into interests, securities, obligations, money, other property, rights to acquire interests or securities, or any combination of these;

(d) the proposed public organic record of the domesticated entity if it is a filing entity;

(e) the full text of the private organic rules of the domesticated entity that are proposed to be in a record;

(f) the other terms and conditions of the domestication; and

(g) any other provision required by the law of this state or the organic rules of the domesticating entity.

(2) In addition to the requirements of subsection (1), a plan of domestication may contain any other provision not prohibited by law.

History: En. Sec. 3, Ch. 317, L. 2025.