{"data":{"id":"us-mt/35-14-1502","jurisdiction":"us-mt","citation":"35-14-1502","heading":"Registration to do business in this state.","body":"(1) A foreign corporation may not do business in this state until it registers with the secretary of state under this part.\n(2) A foreign corporation doing business in this state may not maintain a proceeding in any court of this state until it is registered to do business in this state.\n(3) Except as provided in subsection (4), the failure of a foreign corporation to register to do business in this state does not impair the validity of a contract or act of the foreign corporation or preclude it from defending a proceeding in this state.\n(4) A contract between the state of Montana, an agency of the state, or a political subdivision of the state and a foreign corporation that has failed to register to do business as required under 35-14-1505(4) is voidable by the state, the contracting state agency, or the contracting political subdivision.\n(5) A limitation on the liability of a shareholder or director of a foreign corporation is not waived solely because the foreign corporation does business in this state without registering.\n(6) Section 35-14-1501(1) applies even if a foreign corporation fails to register under this part.","path":["TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS","CHAPTER 14. MONTANA BUSINESS CORPORATION ACT","Part 15. Foreign Corporations"],"source_url":"https://mca.legmt.gov/bills/mca/title_0350/chapter_0140/part_0150/section_0020/0350-0140-0150-0020.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:53:30Z","sha256":"07050aa071b5680c11310ce1ab88fce155a7b1b7801854c680ebea89e18f20aa","source_id":"us-mt","stale":false,"prev":"us-mt/35-14-1501","next":"us-mt/35-14-1503"},"notice":"GroundRules: Original legal text. Not legal advice."}