Current through the 2023 Regular Session
Section 35-4-401 - 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.En. Sec. 8, Ch. 399, L. 1983.