Montana Statutes

§ 35-12-504 — Definitions

Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 12 LIMITED PARTNERSHIPS·Part 5 General Provisions

35-12-504 . Definitions. In this chapter, the following definitions apply:

(1)"Certificate of limited partnership" means the certificate required by 35-12-601 . The term includes the certificate as amended or restated.
(2)"Contribution", except in the phrase "right of contribution", means any benefit provided by a person to a limited partnership in order to become a partner in the person's capacity as a partner.
(3)"Debtor in bankruptcy" means a person that is the subject of:
(a)an order for relief under Title 11 of the United States Code or a comparable order under a successor statute of general application; or
(b)a comparable order under federal, state, or foreign law governing insolvency.
(4)"Designated office" means:
(a)with respect to a limited partnership, the office that the

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Legislative History

En. Sec. 4, Ch. 522, L. 1981; amd. Sec. 4, Ch. 268, L. 1997; amd. Sec. 1305, Ch. 56, L. 2009; amd. Sec. 2, Ch. 216, L. 2011; amd. Sec. 24, Ch. 280, L. 2015.

Nearby Sections

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