(1) Each proxy statement shall outline briefly the rights of appraisal or similar rights of dissenting stockholders with respect to any matter to be acted upon and shall indicate any statutory procedure required to be followed by those stockholders in order to perfect their rights.

(2) Where those rights may be exercised only within a limited time after the date of the adoption of a proposal, the filing of a charter amendment, or other similar act, the proxy statement shall state whether the person solicited will be notified of that date.

History: Sec. 33-3-447 MCA; IMP, Sec. 33-3-447 MCA; EMERG, NEW, Eff. 5/5/75.