Montana Code 50-30-102. Definitions
Current as of: 2023 | Check for updates
|
Other versions
50-30-102. Definitions. In this chapter, the following definitions apply:
Terms Used In Montana Code 50-30-102
- 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.
- 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.
- 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
(1)”Commerce” means all commerce within this state and subject to the jurisdiction of this state and includes the operation of any business or service establishment.
(2)”Court” means, the district court in the district where the violation occurs.
(3)”Department” means the department of public health and human services provided for in 2-15-2201.
(4)”Person” includes an individual, partnership, corporation, or association or its legal representative or agent.