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§ 35-4-401 — Montana Law | CourtGPT
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  4. Title 35 - Corporations, Partnerships, and Associations/
  5. Chapter 4 - Montana Professional Corporation Act/
  6. Part 4 - Operation35-4-401. General Powers/
  7. § 35-4-401
Montana Legal Code

§ 35-4-401

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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. History: En. Sec. 8, Ch. 399, L. 1983.

Source: https://mca.legmt.gov/bills/mca/title_0350/chapter_0040/part_0040/section_0010/0350-0040-0040-0010.html· Version 2025