Montana § 17-6-403 - Definitions
Full text of Montana Montana Code Annotated § 17-6-403 — Definitions, with citation guidance and answers to common questions.
§ 17-6-403. Definitions
Definitions. As used in this part, the following definitions apply: (1) "Certified microbusiness development corporation" means a microbusiness development corporation certified pursuant to 17-6-408 . (2) "Department" means the department of commerce provided for in 2-15-1801 . (3) "Development loan" means money loaned to a certified microbusiness development corporation by the department for the purpose of making microbusiness loans under the provisions of this part. (4) "Microbusiness development corporation" means a nonprofit corporation organized and existing under the laws of the state to provide training, technical assistance, and access to capital for the startup or expansion of qualified microbusinesses. (5) "Microbusiness loan" means a loan made from or guaranteed by a revolving loan fund contributed to by the microbusiness finance program. (6) "Program" means the microbusiness finance program established in 17-6-406 . (7) "Qualified microbusiness" means a business enterprise located in the state that: (a) produces goods or provides services and has fewer than 10 full-time equivalent employees and annual gross revenue of less than $1 million; or (b) produces energy using an alternative renewable energy source as defined in 15-6-225 . (8) "Revolving loan fund" means a fund required to be established by a certified microbusiness development corporation that receives a development loan.
Frequently Asked Questions About Montana § 17-6-403
What does Montana Code Annotated § 17-6-403 cover?
Section 17-6-403 ("Definitions") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 17-6-403?
A common citation format is "Montana Code Annotated § 17-6-403" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 17-6-403 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.