Montana Statutes

§ 35-14-301 — Purposes

Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 14 MONTANA BUSINESS CORPORATION ACT·Part 3 Purposes and Powers

35-14-301 . Purposes.

(1)Every corporation incorporated under this chapter has the purpose of engaging in any lawful business unless a more limited purpose is set forth in the articles of incorporation.
(2)A corporation engaging in a business that is subject to regulation under another statute of this state may incorporate under this chapter only if permitted by and subject to all limitations of the other statute.

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Legislative History

En. Sec. 35, Ch. 271, L. 2019.

Nearby Sections

15
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