Montana § 35-4-401 General Powers

Montana Statutes

§ 35-4-401 — General Powers

Montana § 35-4-401

Title 35CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

Ch. 4MONTANA PROFESSIONAL CORPORATION ACT

Part 4Operation

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Bluebook

Mont. Code Ann. § 35-4-401 (2026).

Text

35-4-401 . General powers.

(1)A professional corporation has the powers enumerated in the Montana Business Corporation Act, except that it may be a promoter, general partner, member, associate, or manager only of a partnership, joint venture, trust, or other enterprise engaged only in rendering professional services or carrying on business permitted by the articles of incorporation of the professional corporation.

(2)A professional corporation may invest its funds in real estate, mortgages, stocks, bonds, or any other type of investment.

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35-4-401 . General powers. (1) A professional corporation has the powers enumerated in the Montana Business Corporation Act, except that it may be a promoter, general partner, member, associate, or manager only of a partnership, joint venture, trust, or other enterprise engaged only in rendering professional services or carrying on business permitted by the articles of incorporation of the professional corporation.
(2) A professional corporation may invest its funds in real estate, mortgages, stocks, bonds, or any other type of investment.