Montana Code > Title 33 > Chapter 4 > Part 1 – General Provisions
Current as of: 2023 | Check for updates
|
Other versions
§ 33-4-101 | Scope of chapter — provisions applicable |
§ 33-4-102 | Definitions |
§ 33-4-103 | Corporate powers in general |
Terms Used In Montana Code > Title 33 > Chapter 4 > Part 1 - General Provisions
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- 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.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Property: means real and personal property. See Montana Code 1-1-205
- 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