Montana Code > Title 27 > Chapter 8 > Part 1 – General Provisions
Current as of: 2023 | Check for updates
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Other versions
| § 27-8-101 | Short title |
| § 27-8-102 | Purpose — liberal construction |
| § 27-8-103 | Uniformity of interpretation |
| § 27-8-104 | Definition of person |
Terms Used In Montana Code > Title 27 > Chapter 8 > 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.
- Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201