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Mont. Code Ann. § 35-17-103

Definitions -- associations as for-profit or not-for-profit entities

Known as the Cooperative Marketing Act

The act spans §§ 35–35 (40 sections).

En

(1) The term "agricultural products" includes horticultural, viticultural, forestry, dairy, livestock, poultry, bee, and any farm products.

(2) The term "association" means any corporation organized under this chapter to include an out-of-state entity if it is authorized to transact business in the state that otherwise complies with the requirements of this chapter.

(3) The term "member" means a person who has been qualified and accepted for membership in an association.

(4) The term "out-of-state", with respect to an entity under this chapter, means an entity governed by the law of a jurisdiction other than this state, including a federally recognized Indian tribe.

(5) The term "person" includes individuals, firms, partnerships, corporations, and associations.

(6) Associations organized under this chapter may be for-profit or not-for-profit.

Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.