Montana Code 32-1-307. Amount of capital
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32-1-307. Amount of capital. The commissioner shall determine the appropriate level of capitalization of the proposed corporation prior to the issuance of the certificate of authorization.
Terms Used In Montana Code 32-1-307
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.