35-4-401: General powers.
Where this section sits in the code
- TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
- CHAPTER 4. MONTANA PROFESSIONAL CORPORATION ACT
- Part 4. Operation
(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.
Collected 2026-09-14T04:53:14Z. Source file · JSON