Montana § 39-51-207 Treatment Of Limited Liability Companies

Montana Statutes

§ 39-51-207 — Treatment Of Limited Liability Companies

Montana·Title 39 LABOR·Ch. 51 UNEMPLOYMENT INSURANCE·Part 2 Definitions

39-51-207 . Treatment of limited liability companies. For the purposes of this chapter, a limited liability company is treated as follows:

(1)as a sole proprietorship if it is a single-member limited liability company;

(2)as a partnership if it consists of more than a single member and it is not established as a corporation pursuant to the provisions of the Internal Revenue Code for income tax purposes; or

(3)as a corporation if it is classified as a corporation for income tax purposes pursuant to the Internal Revenue Code.

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39-51-207 . Treatment of limited liability companies. For the purposes of this chapter, a limited liability company is treated as follows:
(1) as a sole proprietorship if it is a single-member limited liability company;
(2) as a partnership if it consists of more than a single member and it is not established as a corporation pursuant to the provisions of the Internal Revenue Code for income tax purposes; or
(3) as a corporation if it is classified as a corporation for income tax purposes pursuant to the Internal Revenue Code.

Montana § 39-51-207 (Treatment Of Limited Liability Companies) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.