This bill aims to revise cooperative laws in Montana by establishing rights, exemptions, and privileges for out-of-state cooperative associations. It amends several sections of the Montana Code Annotated (MCA), including definitions related to agricultural products and associations, and clarifies that out-of-state entities can be recognized as cooperatives if they comply with state requirements. Notably, the bill allows for-profit cooperatives, which broadens the scope of what constitutes a cooperative association.
Key amendments include the addition of definitions for "out-of-state" entities and the stipulation that out-of-state cooperatives must register in accordance with Montana law. The bill also specifies that out-of-state entities are entitled to the same rights and privileges as local cooperatives if they are authorized to conduct business in Montana. Furthermore, the Secretary of State is tasked with notifying tribal governments about the new provisions, ensuring that they are informed of the changes that may affect their operations.
Statutes affected: LC Text: 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_1(1): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_1(2): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_1(3): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_1(4): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_1(5): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_1(6): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_1(7): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_1: 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_2(1): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_2(10): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_2(2): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_2(3): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_2(4): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_2(5): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_2(6): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_2(7): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_2(8): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_2(9): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_2: 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_X(1): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_X(2): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_X(3): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_X(4): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_X(5): 2-15-401, 35-17-103, 35-17-104, 35-17-202
SB0200_X: 2-15-401, 35-17-103, 35-17-104, 35-17-202