Montana Statutes
§ 35-8-302 — Admissions Of Members And Managers
Montana·Title 35 CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS·Ch. 8 MONTANA LIMITED LIABILITY COMPANY ACT·Part 3 Relations of Members and Managers to Persons Dealing With Limited Liability Company
35-8-302 . Admissions of members and managers.
(1)Except as provided in subsection (2), an admission or representation made by a member concerning the business or affairs of a limited liability company within the scope of the member's authority as provided for by this chapter is evidence against the limited liability company.
(2)If the articles of organization provide that management of the limited liability company is vested in a manager or managers:
(a)an admission or representation made by a manager concerning the business or affairs of a limited liability company within the scope of the manager's authority, as provided for by this chapter, is evidence against the limited liability company; and
(b)the admission or representation of a member, acting solely in the capacity as a member
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Legislative History
En. Sec. 21, Ch. 120, L. 1993.
Nearby Sections
15
§ 35-8-1001
Authority To Transact Business Required§ 35-8-1003
Application For Certificate Of Authority§ 35-8-1004
Repealed§ 35-8-1005
Repealed§ 35-8-1006
Repealed§ 35-8-1007
Amended Certificate Of Authority§ 35-8-1008
Effect Of Certificate Of Authority§ 35-8-1009
Name§ 35-8-101
Short Title§ 35-8-1011
Grounds For Revocation§ 35-8-1012
Procedure For And Effect Of Revocation§ 35-8-1013
Appeal From Revocation