§ 35-14-601 Authorized shares
§ 35-14-602 Terms of class or series — determination by board of directors
§ 35-14-603 Issued and outstanding shares
§ 35-14-604 Fractional shares
§ 35-14-620 Subscription for shares — before incorporation
§ 35-14-621 Issuance of shares
§ 35-14-622 Liability of shareholders
§ 35-14-623 Share dividends
§ 35-14-624 Share rights — options — warrants — awards
§ 35-14-625 Certificates — form — content
§ 35-14-626 Shares without certificates
§ 35-14-627 Restriction on transfer of shares
§ 35-14-630 Preemptive rights — shareholder
§ 35-14-631 Corporation’s acquisition of its own shares
§ 35-14-640 Distributions to shareholders

Terms Used In Montana Code > Title 35 > Chapter 14 > Part 6 - Shares and Distributions

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Dependent: A person dependent for support upon another.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Intangible property: Property that has no intrinsic value, but is merely the evidence of value such as stock certificates, bonds, and promissory notes.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
  • Property: means real and personal property. See Montana Code 1-1-205
  • Quorum: The number of legislators that must be present to do business.
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
  • Statute: A law passed by a legislature.
  • subscription: includes the mark of a person who cannot write if the person's name is written near the mark by another person who also signs that person's own name as a witness. See Montana Code 1-1-203
  • Usual: means according to usage. See Montana Code 1-1-206
  • Writing: includes printing. See Montana Code 1-1-203