Montana Code > Title 32 > Chapter 4 > Part 1 – General Provisions
Current as of: 2023 | Check for updates
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Other versions
| § 32-4-101 | Definitions |
| § 32-4-102 | Purpose |
| § 32-4-103 | Credit of state and local governments not pledged |
| § 32-4-104 | Application of corporation law |
Terms Used In Montana Code > Title 32 > Chapter 4 > Part 1 - General Provisions
- 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.
- 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