13-37-501. Definitions.
278 words·~1 min read·
/mt/title-13/chapter-37/part-5/13-37-501·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
13-37-501 . Definitions. As used in this part, the following definitions apply:
(1)"Entity" means a partnership, association, limited liability company, joint venture, corporation, or any other legal or commercial organization, or a combination of entities.
(2)"Foreign national" means:
(a)a government of a foreign country;
(b)a political party of a foreign country;
(c)an entity located outside of the United States unless that entity:
(i)is organized under or created under federal law, state law, or the law of another place subject to the jurisdiction of the United States; and
(ii)has its principal place of business within the United States;
(d)an entity that:
(i)is organized under the laws of a foreign country; or
(ii)has its principal place of business in a foreign country;
(e)an individual who is not lawfully admitted for the privilege of residing permanently in the United States as an immigrant in accordance with immigration laws and who is not:
(i)a citizen of the United States; or
(ii)a person who, though not a citizen of the United States, owes permanent allegiance to the United States; and
(f)any U.S. entity that is wholly or majority owned by any foreign national, unless:
(i)the entity employs individuals who pay income tax to the state of Montana and the entity pays property taxes to a taxing authority in the state of Montana; or
(A)any contribution or expenditure it makes derives entirely from funds generated by the U.S. entity's U.S. operations; and
(B)all decisions concerning the contribution or expenditure are made by individuals who are U.S. citizens or permanent residents, except for setting overall budget amounts.