A license authorizes the holder to do something that he or she would not be entitled to do without the license. Licensing may be directed toward revenue raising purposes, or toward regulation of the licensed activity, or both. Statutes frequently require that a person obtain a license before practicing certain professions such as law or medicine, or before carrying on a particular business such as that of a real estate broker or stock broker. If the license is required to protect the public from unqualified persons, an assignment of that license to secure a loan would probably not be enforceable.
Montana Assignment of Business License as Security for a Loan
Category:
State:
Multi-State
Control #:
US-01467BG
Format:
Word;
Rich Text
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How to fill out Assignment Of Business License As Security For A Loan?
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FAQ
Are Business Licenses Required in Montana? The state of Montana does not have a standard state business license. Since the state does not have a state sales tax, businesses are also not required to obtain any kind of seller's permit.
Billings Municipal Code requires that you obtain a license when you conduct any business activity within the City, even if your business is located outside the city limits or you have a business license from another city.
Most small businesses need a combination of licenses and permits from both federal and state agencies. The requirements ? and fees ? vary based on your business activities, location, and government rules.
FAQs. Do I need a business license? Any person or entity conducting business and/or offering goods or services within the Missoula City Limits, and grossing more than $6,000 annually, shall be required to obtain a business license.
Renew online at eStop Business Licenses Online Service. If you choose to renew by mail, be sure to complete the back page of the renewal notice, if applicable. You may submit one check to pay for multiple renewal notices.