Montana § 32-4-102 - Purpose
Full text of Montana Montana Code Annotated § 32-4-102 — Purpose, with citation guidance and answers to common questions.
§ 32-4-102. Purpose
Purpose. (1) The purposes of the corporation shall be to: (a) promote, stimulate, develop, and advance the business prosperity and economic welfare of the state of Montana and its citizens; (b) encourage and assist through loans, investments, or other business transactions in the location of new business and industry in this state and to rehabilitate and assist existing business and industry; (c) stimulate and assist in the expansion of all kinds of business activity which will tend to promote the business development and maintain the economic stability of this state, provide maximum opportunities for employment, encourage thrift, and improve the standards of living of the citizens of this state; (d) cooperate and act in conjunction with other organizations, public or private, in the promotion and advancement of industrial, commercial, agricultural, and recreational developments in this state; and (e) provide financing for the promotion, development, and conduct of all kinds of business activity in this state. (2) In furtherance of such purposes and in addition to the powers conferred on business corporations by the provisions of Title 35 the corporation shall, subject to the restrictions and limitations herein contained, have the additional powers and functions enumerated herein.
Frequently Asked Questions About Montana § 32-4-102
What does Montana Code Annotated § 32-4-102 cover?
Section 32-4-102 ("Purpose") 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 § 32-4-102?
A common citation format is "Montana Code Annotated § 32-4-102" (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 § 32-4-102 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.