Montana § 35-4-401 - General Powers
Full text of Montana Montana Code Annotated § 35-4-401 — General Powers, with citation guidance and answers to common questions.
§ 35-4-401. General Powers
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.
Frequently Asked Questions About Montana § 35-4-401
What does Montana Code Annotated § 35-4-401 cover?
Section 35-4-401 ("General Powers") 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 § 35-4-401?
A common citation format is "Montana Code Annotated § 35-4-401" (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 § 35-4-401 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.