{"data":{"id":"us-mt/35-8-106","jurisdiction":"us-mt","citation":"35-8-106","heading":"Purpose.","body":"(1) A limited liability company organized under 35-8-201 through 35-8-211 has the purpose of engaging in any lawful business unless a more limited purpose is set forth in the articles of organization.\n(2) Limited liability companies may be organized under 35-8-201 through 35-8-211 for any lawful purpose except for the purpose of banking or insurance. For purposes of this subsection, the term \"insurance\" does not include a limited liability company organized for the lawful purpose of captive insurance under Title 33, chapter 28.","path":["TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS","CHAPTER 8. MONTANA LIMITED LIABILITY COMPANY ACT","Part 1. General Provisions"],"source_url":"https://mca.legmt.gov/bills/mca/title_0350/chapter_0080/part_0010/section_0060/0350-0080-0010-0060.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:53:15Z","sha256":"b74fd8b3c0bf2e0c710ea9299b0643233e585b657b6ebb8f0041da66b25ff522","source_id":"us-mt","stale":false,"prev":"us-mt/35-8-105","next":"us-mt/35-8-107"},"notice":"GroundRules: Original legal text. Not legal advice."}