Montana Code 13-37-501. Definitions
13-37-501. Definitions. As used in this part, the following definitions apply:
Terms Used In Montana Code 13-37-501
- 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.
- Entity: means a partnership, association, limited liability company, joint venture, corporation, or any other legal or commercial organization, or a combination of entities. See Montana Code 13-37-501
- Individual: means a human being. See Montana Code 13-1-101
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: means an individual, corporation, association, firm, partnership, cooperative, committee, including a political committee, club, union, or other organization or group of individuals or a candidate as defined in subsection (8). See Montana Code 13-1-101
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
- United States: includes the District of Columbia and the territories. See Montana Code 1-1-201
(1)”Entity” means a partnership, association, limited liability company, joint venture, corporation, or any other legal or commercial organization, or a combination of entities.
(2)”Foreign national” means:
(a)a government of a foreign country;
(b)a political party of a foreign country;
(c)an entity located outside of the United States unless that entity:
(i)is organized under or created under federal law, state law, or the law of another place subject to the jurisdiction of the United States; and
(ii)has its principal place of business within the United States;
(d)an entity that:
(i)is organized under the laws of a foreign country; or
(ii)has its principal place of business in a foreign country; and
(e)an individual who is not lawfully admitted for the privilege of residing permanently in the United States as an immigrant in accordance with immigration laws and who is not:
(i)a citizen of the United States; or
(ii)a person who, though not a citizen of the United States, owes permanent allegiance to the United States.