• SB35, eliminates the requirement that foreign businesses provide a current certificate of existence from their state of jurisdiction when filing their charter documents with our office. Instead, forms have been updated to include language the business has complied with the organizational laws in the jurisdiction in which they are organized.
• SB36, provides authority for Foreign Limited Partnerships to amend their certificate of authority filed with the Secretary of State. SB41, removes the “date of first use” requirement for Assumed Business Names and Limited Liability Partnerships. This change will decrease rejections and improve filing time. The legislation establishes authority for a foreign Limited Liability Company to obtain a Certificate of Authority in Montana and clarifies “name contest” requirements.
• SB307, clarifies on the Secretary of State’s records when a business is tribally owned.
• HB258, establishes Benefit Corporations as a business type in Montana.
Montana – 2015 Legislation Recap