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Businesses that are incorporated in another state will typically apply for a Montana certificate of authority. Doing so registers the business as a foreign entity and eliminates the need to incorporate a new entity. Operating without a certificate of authority may result in penalties or fines.
In property law, the rule of merger is the absorption of a lesser estate (e.g., lease of land) into a greater estate (e.g., fee simple ownership of the same land) when both estates are successive and become vested property of the same person.
To register a foreign corporation in Montana, you must file a Montana Certificate of Authority with the Montana Secretary of State. You can submit this document online. The Certificate of Authority for a foreign Montana corporation costs $70 to file.
Mergers have the potential to give employees access to new positions that their original organization may not have offered. This is especially true if the two previous entities offered differing products or services.
Also known as articles of merger. A certificate evidencing the merger of two or more entities into one entity.