1. MCA Contents
  2. TITLE 33
  3. CHAPTER 4
  4. Part 3
  5. 33-4-308 Board of directors -- quorum

Montana Code Annotated 2023

TITLE 33. INSURANCE AND INSURANCE COMPANIES

CHAPTER 4. FARM MUTUAL INSURERS

Part 3. Management

Board Of Directors -- Quorum

33-4-308. Board of directors -- quorum. (1) The general management of the affairs of a farm mutual insurer is vested in its board of directors.

(2) A majority of the directors shall constitute a quorum to do business at any lawful meeting of the board.

History: En. Sec. 494, Ch. 286, L. 1959; R.C.M. 1947, 40-4827.