32-1-104. Number of persons necessary to form corporation. Corporations may be formed by any number of natural persons not less than three under the laws of this state to conduct, as provided in this chapter and not otherwise, any one or more or all of the businesses mentioned in 32-1-102.

     History: En. Sec. 3, Ch. 89, L. 1927; re-en. Sec. 6014.3, R.C.M. 1935; R.C.M. 1947, 5-103.