Mont. Code § 33-4-309

Current through the 2023 Regular Session
Section 33-4-309 - Directors - election and term
(1) Directors of a farm mutual insurer must be elected by its members by ballot or acclamation for terms not to exceed 3 years and hold office until their respective successors are elected and have qualified.
(2) An individual may not serve as a director unless the individual is a member of the insurer.

§ 33-4-309, MCA

En. Sec. 495, Ch. 286, L. 1959; R.C.M. 1947, 40-4828; amd. Sec. 11, Ch. 227, L. 2011.