reglab/housing_qa huggingface dataset:
MT Code § 35-4-201 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 2. Organization and Regulation|35-4-201. Repealed

  35-4-201. Repealed. Sec. 24, Ch. 399, L. 1983.   History: En. Sec. 14, Ch. 161, L. 1963; R.C.M. 1947, 15-2112; amd. Sec. 154, Ch. 575, L. 1981.
MT Code § 35-4-202 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 2. Organization and Regulation|35-4-202. Repealed

  35-4-202. Repealed. Sec. 24, Ch. 399, L. 1983.   History: En. Sec. 11, Ch. 161, L. 1963; R.C.M. 1947, 15-2109.
MT Code § 35-4-203 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 2. Organization and Regulation|35-4-203. Repealed

  35-4-203. Repealed. Sec. 24, Ch. 399, L. 1983.   History: En. Sec. 15, Ch. 161, L. 1963; R.C.M. 1947, 15-2113; amd. Sec. 8, Ch. 202, L. 1979.
MT Code § 35-4-204 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 2. Organization and Regulation|35-4-204. Repealed

  35-4-204. Repealed. Sec. 24, Ch. 399, L. 1983.   History: En. Sec. 17, Ch. 161, L. 1963; R.C.M. 1947, 15-2115.
MT Code § 35-4-205 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 2. Organization and Regulation|35-4-205. Purposes of corporation

  35-4-205. Purposes of corporation. Professional corporations may be organized under this chapter only for the purpose of rendering professional services and services ancillary thereto within a single profession, except that a professional corporation may be incorporated for the purpose of rendering professional services within two or more professions and for any purpose or purposes for which corporations may be organized under the Montana Business Corporation Act to the extent that such combination of professional purposes or professional and business purposes is permitted by the licensing laws and rules of this state applicable to such professions.   History: En. Sec. 6, Ch. 399, L. 1983.
MT Code § 35-4-206 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 2. Organization and Regulation|35-4-206. Corporate name

  35-4-206. Corporate name. The name of a domestic or foreign professional corporation:   (1) must contain the words "professional corporation" or the abbreviation "P.C." and may not contain any other words to indicate the type of business that it is other than "professional corporation" or "P.C." unless the name of a foreign corporation contains the words "professional services" or "P.S.";   (2) may not contain any word or phrase that indicates or implies that the corporation is organized for any purpose other than the purposes contained in its articles of incorporation;   (3) must be distinguishable on the record from any assumed business name, limited partnership name, limited liability company name, trademark, or service mark registered or reserved with the secretary of state or to the name of any domestic corporation existing under the laws of this state, any foreign corporation authorized to transact business in this state, a name the exclusive right to which is reserved in the manner provided in the Montana Business Corporation Act, or the name of a corporation that has in effect a registration of its corporate name as provided in the Montana Business Corporation Act. This subsection does not apply if:   (a) the similarity results from the use in the corporate name of personal names of shareholders or former shareholders or of natural persons who were associated with a predecessor entity; or   (b) the corporation files with the secretary of state either:   (i) the written consent of the other corporation or holder of a reserved or registered name to use a name that is not distinguishable on the record from the other name; or   (ii) a certified copy of a final decree of a court of competent jurisdiction establishing the prior right of the corporation to the use of the name in this state.   (4) must conform to rules promulgated by a licensing authority having jurisdiction of a professional service described in the articles of incorporation of the corporation.   History: En. Sec. 12, Ch. 399, L. 1983; amd. Sec. 87, Ch. 120, L. 1993; amd. Sec. 7, Ch. 249, L. 1993; amd. Sec. 5, Ch. 27, L. 2001; amd. Sec. 4, Ch. 166, L. 2015.
MT Code § 35-4-207 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 2. Organization and Regulation|35-4-207. Directors and officers

  35-4-207. Directors and officers. At least one-half of the combined directors and officers of a professional corporation, other than the secretary and the treasurer, must be qualified persons with respect to the corporation.   History: En. Sec. 13, Ch. 399, L. 1983.
MT Code § 35-4-208 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 2. Organization and Regulation|35-4-208. Filing of articles with licensing authority

  35-4-208. Filing of articles with licensing authority. No professional corporation, domestic or foreign, may begin to render professional services in this state until it has filed a copy of its articles of incorporation with each licensing authority having jurisdiction of a type of professional service described in its articles of incorporation. Nothing in this chapter restricts or limits the authority or duty of a licensing authority with respect to natural persons rendering a professional service within the jurisdiction of the licensing authority or any law or rule pertaining to standards of professional conduct.   History: En. Sec. 5, Ch. 399, L. 1983.
MT Code § 35-4-209 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 2. Organization and Regulation|35-4-209. Annual reports and statements

  35-4-209. Annual reports and statements. (1) The annual report of each domestic professional corporation and each foreign professional corporation authorized to transact business in this state filed with the secretary of state pursuant to the Montana Business Corporation Act must include a statement that all the shareholders, not less than one-half the directors, and all the officers other than the secretary and treasurer of the corporation are qualified persons with respect to the corporation.   (2) Each domestic professional corporation and each foreign professional corporation authorized to transact business in this state must annually file before March 1 with each licensing authority having jurisdiction over a professional service of a type described in its articles of incorporation a statement of qualification setting forth the names and addresses of the directors and officers of the corporation and such additional information as the licensing authority may by rule prescribe as appropriate in determining whether the corporation is complying with the provisions of this chapter and rules promulgated under this chapter. The licensing authority may charge a fee to cover the cost of filing a statement of qualification.   History: En. Sec. 23, Ch. 399, L. 1983.
MT Code § 35-4-210 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 2. Organization and Regulation|35-4-210. reserved

  35-4-210 reserved.
MT Code § 35-4-211 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 2. Organization and Regulation|35-4-211. Repealed

  35-4-211. Repealed. Sec. 24, Ch. 399, L. 1983.   History: En. Sec. 13, Ch. 161, L. 1963; R.C.M. 1947, 15-2111; amd. Sec. 9, Ch. 202, L. 1979.
MT Code § 35-4-212 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 2. Organization and Regulation|35-4-212. Repealed

  35-4-212. Repealed. Sec. 24, Ch. 399, L. 1983.   History: En. Sec. 16, Ch. 161, L. 1963; R.C.M. 1947, 15-2114(part).
MT Code § 35-4-213 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 2. Organization and Regulation|35-4-213. Repealed

  35-4-213. Repealed. Sec. 24, Ch. 399, L. 1983.   History: En. Sec. 8, Ch. 161, L. 1963; R.C.M. 1947, 15-2106.
MT Code § 35-4-214 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 2. Organization and Regulation|35-4-214. Repealed

  35-4-214. Repealed. Sec. 24, Ch. 399, L. 1983.   History: En. Sec. 9, Ch. 161, L. 1963; R.C.M. 1947, 15-2107.
MT Code § 35-4-215 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 2. Organization and Regulation|35-4-215. Repealed

  35-4-215. Repealed. Sec. 24, Ch. 399, L. 1983.   History: En. Sec. 10, Ch. 161, L. 1963; R.C.M. 1947, 15-2108.
MT Code § 35-4-216 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 2. Organization and Regulation|35-4-216. Repealed

  35-4-216. Repealed. Sec. 24, Ch. 399, L. 1983.   History: En. Sec. 12, Ch. 161, L. 1963; R.C.M. 1947, 15-2110.
MT Code § 35-4-301 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 3. Shares and Shareholders|35-4-301. Issuance and transfer of shares

  35-4-301. Issuance and transfer of shares. (1) Except as provided in 37-50-330, a professional corporation may issue shares, fractional shares, and rights or options to purchase shares only to:   (a) natural persons authorized by law of this or any other state, a territory of the United States, or the District of Columbia to render a professional service permitted by the articles of incorporation of the corporation;   (b) general partnerships in which all the partners are authorized by law of this or any other state, a territory of the United States, or the District of Columbia to render a professional service permitted by the articles of incorporation and in which at least one partner is authorized by law in this state to render a professional service permitted by the articles of incorporation of the corporation; and   (c) professional corporations, domestic or foreign, authorized by law in this state to render a professional service permitted by the articles of incorporation of the corporation.   (2) The licensing authority may by rule further restrict or condition the issuance of shares in order to preserve ethical standards, but the rule may not cause a person holding shares at the time the rule becomes effective to become a disqualified person.   (3) A shareholder of a professional corporation may transfer or pledge shares, fractional shares, and rights or options to purchase shares of the corporation only to natural persons, general partnerships, and professional corporations qualified to hold shares issued directly to them by the corporation. This subsection does not prohibit the transfer of shares of a professional corporation by operation of law or court decree.   (4) Each certificate representing shares of a professional corporation must state conspicuously upon its face that the shares are subject to restrictions on transfer imposed by this chapter and to restrictions on transfer imposed by the licensing authority pursuant to this chapter.   (5) Any issuance or transfer of shares in violation of this section or a rule promulgated under this section is void.   History: En. Sec. 14, Ch. 399, L. 1983; amd. Sec. 1, Ch. 99, L. 2013.
MT Code § 35-4-302 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 3. Shares and Shareholders|35-4-302. Corporation's right to acquire its own shares

  35-4-302. Corporation's right to acquire its own shares. A professional corporation may purchase its own shares from a disqualified person without regard to the availability of capital or surplus for such purchase; however, no purchase of or payment for its own shares may be made at a time when the corporation is insolvent or if purchase or payment would make it insolvent.   History: En. Sec. 15, Ch. 399, L. 1983.
MT Code § 35-4-303 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 3. Shares and Shareholders|35-4-303. Proxies and voting trusts

  35-4-303. Proxies and voting trusts. No proxy for shares of a professional corporation is valid unless given to a qualified person. A voting trust for shares of a professional corporation is invalid unless all trustees and beneficiaries are qualified persons, except that a voting trust is valid for 10 months after the death of a deceased beneficiary or for 5 months after a beneficiary has become a disqualified person.   History: En. Sec. 18, Ch. 399, L. 1983.
MT Code § 35-4-304 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 3. Shares and Shareholders|35-4-304. through 35-4-310 reserved

  35-4-304 through 35-4-310 reserved.
MT Code § 35-4-312 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 3. Shares and Shareholders|35-4-312. Amendment of articles of incorporation by personal representative of sole shareholder's estate

  35-4-312. Amendment of articles of incorporation by personal representative of sole shareholder's estate. A personal representative, guardian, conservator, or receiver of the estate of a shareholder of a professional corporation who holds all of the outstanding shares of the corporation may amend the articles of incorporation by signing a written consent to amendment. The articles of amendment must be executed in duplicate by the personal representative, guardian, conservator, or receiver and by the secretary or assistant secretary of the corporation, verified by one of the persons signing the articles, and must set forth:   (1) the name of the corporation;   (2) the amendments adopted;   (3) the date of adoption of the amendments; and   (4) the number of shares outstanding.   History: En. Sec. 17, Ch. 399, L. 1983.
MT Code § 35-4-401 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 4. Operation|35-4-401. General powers

  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.   History: En. Sec. 8, Ch. 399, L. 1983.
MT Code § 35-4-402 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 4. Operation|35-4-402. Prohibited activities

  35-4-402. Prohibited activities. A professional corporation may not engage in any profession or business other than the profession or professions and business permitted by its articles of incorporation.   History: En. Sec. 7, Ch. 399, L. 1983.
MT Code § 35-4-403 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 4. Operation|35-4-403. Rendering services

  35-4-403. Rendering services. A professional corporation, domestic or foreign, may render professional services in this state only through natural persons permitted to render the services in this state. However, nothing in this chapter requires any person employed by a professional corporation to be licensed to perform services for which a license is not otherwise required or prohibits the rendering of professional services by a licensed natural person acting in an individual capacity, even if the person is a shareholder, director, officer, employee, or agent of a professional corporation, domestic or foreign.   History: En. Sec. 9, Ch. 399, L. 1983; amd. Sec. 1293, Ch. 56, L. 2009.
MT Code § 35-4-404 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 4. Operation|35-4-404. Responsibility for services

  35-4-404. Responsibility for services. (1) An individual who renders professional services as an employee of a domestic or foreign professional corporation is liable for any negligent or wrongful act or omission in which the individual personally participates to the same extent as if the individual had rendered the services as a sole practitioner. An employee of a professional corporation is not liable for the conduct of other employees unless the employee is at fault in appointing, supervising, or cooperating with them.   (2) A domestic or foreign professional corporation whose employee performs professional services within the scope of the employee's employment or apparent authority to act for the corporation is liable to the same extent as that employee.   (3) Except as otherwise provided by statute, the personal liability of a shareholder of a domestic or foreign professional corporation is no greater in any respect than that of a shareholder of a corporation organized under the Montana Business Corporation Act.   History: En. Sec. 10, Ch. 399, L. 1983; amd. Sec. 1294, Ch. 56, L. 2009.
MT Code § 35-4-405 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 4. Operation|35-4-405. Relationship to clients or patients -- privileged communications

  35-4-405. Relationship to clients or patients -- privileged communications. (1) The relationship between an individual performing professional services as an employee of a professional corporation, domestic or foreign, and a client or patient is the same as if the individual performed such services as a sole practitioner.   (2) The relationship between a professional corporation, domestic or foreign, performing professional services and the client or patient is the same as between the client or patient and the individual performing the services.   (3) Any privilege applicable to communications between a person rendering professional services and the person receiving the services recognized under the statutory or common law of this state extends to a professional corporation, domestic or foreign, and its employees.   History: En. Sec. 11, Ch. 399, L. 1983.
MT Code § 35-4-406 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 4. Operation|35-4-406. through 35-4-410 reserved

  35-4-406 through 35-4-410 reserved.
MT Code § 35-4-411 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 4. Operation|35-4-411. Admission of foreign professional corporations -- application -- revocation

  35-4-411. Admission of foreign professional corporations -- application -- revocation. (1) A foreign professional corporation is entitled to a certificate of authority to transact business in this state only if:   (a) the name of the corporation meets the requirements of 35-4-206;   (b) the corporation is organized only for purposes for which a professional corporation may be organized under this chapter; and   (c) all the shareholders, not less than one-half the directors, and all the officers other than the secretary and treasurer of the corporation are qualified persons with respect to the corporation.   (2) A foreign professional corporation is not required to obtain a certificate of authority to transact business in this state unless it maintains an office in this state for the conduct of business or professional practice.   (3) The application for a certificate of authority must include a statement that all the shareholders, not less than one-half the directors, and all the officers other than the secretary and treasurer are licensed in at least one state or territory or the District of Columbia to render a professional service described in the statement of purposes of the corporation.   (4) The certificate of authority may be revoked by the secretary of state if the corporation fails to comply with any provision of this chapter. The licensing authority shall certify to the secretary of state, from time to time, the names of all foreign professional corporations that have given cause for revocation, together with the facts pertinent to the cause, and shall concurrently mail to each corporation through its registered agent a notice that the certification has been made. A certificate of authority of a foreign professional corporation may not be revoked unless there has been both 60 days' notice of intent to revoke and a failure to correct the noncompliance during the 60 days.   History: En. Sec. 22, Ch. 399, L. 1983; amd. Sec. 55, Ch. 240, L. 2007.
MT Code § 35-4-501 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 5. Reorganization and Dissolution|35-4-501. Merger and consolidation

  35-4-501. Merger and consolidation. A professional corporation may merge or consolidate with another corporation, domestic or foreign, only if every shareholder of each corporation is qualified to be a shareholder of the surviving or new corporation. If the surviving or new corporation will render professional services in this state, it shall comply with this chapter.   History: En. Sec. 19, Ch. 399, L. 1983.
MT Code § 35-4-502 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 5. Reorganization and Dissolution|35-4-502. Termination of all professional services

  35-4-502. Termination of all professional services. If a professional corporation ceases to render professional services, it shall amend its articles of incorporation to delete from its stated purposes the rendering of professional services and to conform its corporate name to the requirements of the Montana Business Corporation Act. The corporation may then continue in existence as a corporation under the Montana Business Corporation Act and is no longer subject to this chapter.   History: En. Sec. 20, Ch. 399, L. 1983.
MT Code § 35-4-503 (2021)
2021 Montana Code Annotated|Title 35. Corporations, Partnerships, and Associations|Chapter 4. Montana Professional Corporation Act|Part 5. Reorganization and Dissolution|35-4-503. Involuntary dissolution

  35-4-503. Involuntary dissolution. A professional corporation may be dissolved involuntarily as provided in 35-14-1420 through 35-14-1423.   History: En. Sec. 21, Ch. 399, L. 1983; amd. Sec. 245, Ch. 271, L. 2019.