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 provisions that define "out-of-state" entities and specify that out-of-state cooperatives must register in accordance with Montana law. The bill also stipulates that out-of-state entities distributing proceeds according to their home state's laws are entitled to the same rights and privileges as local cooperatives, provided they are authorized to do business in Montana. Additionally, the Secretary of State is tasked with notifying tribal governments about the new regulations, 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