Montana § 35-12-509 Nature, Purpose, And Duration Of Entity

Montana Statutes

§ 35-12-509 — Nature, Purpose, And Duration Of Entity

Montana § 35-12-509

Title 35CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

Ch. 12LIMITED PARTNERSHIPS

Part 5General Provisions

This text of Montana § 35-12-509 (Nature, Purpose, And Duration Of Entity) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 35-12-509 (2026).

Text

35-12-509 . Nature, purpose, and duration of entity.

(1)A limited partnership is an entity distinct from its partners' partners. A limited partnership is the same entity regardless of whether its certificate states that the limited partnership is a limited liability limited partnership.

(2)A limited partnership may be organized under this chapter for any lawful purpose.

(3)A limited partnership has a perpetual duration.

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35-12-509 . Nature, purpose, and duration of entity. (1) A limited partnership is an entity distinct from its partners' partners. A limited partnership is the same entity regardless of whether its certificate states that the limited partnership is a limited liability limited partnership.
(2) A limited partnership may be organized under this chapter for any lawful purpose.
(3) A limited partnership has a perpetual duration.