Rule 42.23.102

Admin. R. Mont. 42.23.102

Doing or Engaging in Business

Effective Dec 31, 1972Authorizing statute(s): 15-31-501, MCA; Implementing statute(s): 15-31-101, MCAState of Montana

(1) A corporation is "doing business" or "engaging in business" in Montana when it actively engages therein in any profit seeking activity. The fact that its activity may result in a loss is not material.

Authorizing statute(s): 15-31-501, MCA

Implementing statute(s): 15-31-101, MCA

History: Eff. 12/31/72.