Montana corporate bylaws are administrative provisions drafted at the founding of a corporation to regulate its internal affairs and structure. It is required for the company’s incorporators or board of directors to adopt an initial set of bylaws that are consistent with state law and the Articles of Incorporation. Corporate bylaws are used to manage the shareholder and board of directors’ annual meetings, stock distribution, responsibilities of corporate officers, requirements for amending bylaws, and other decision-making policies.
Once established, the written documentation of a corporation’s bylaws can be filed at the company headquarters and does not need to be submitted to the Secretary of State.
Bylaws required? Yes (§ 35-14-206(1)).
Chapter: Title 35, Chapter 14
- Bylaws: § 35-14-206
- Indemnification: § 35-14-851, § 35-14-856
- Notice of meetings:
- Stock issuance & certificates: § 35-14-621