Mont. Code Ann. » TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS · CHAPTER 8. MONTANA LIMITED LIABILITY COMPANY ACT · Part 7. Ownership and Transfer of Property
Montana Code Annotated

Mont. Code Ann. § 35-8-701 (2026)

Ownership Of Limited Liability Company Property

✓ current as of May 2026
Find cases: SyfertCases citing this section MT-LEGleg.mt.gov JustiaTitle on Justia CornellLII Search CasesGoogle Scholar
  1. MCA Contents
  2. TITLE 35
  3. CHAPTER 8
  4. Part 7
  5. 35-8-701 Ownership of limited liability company property

TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 8. MONTANA LIMITED LIABILITY COMPANY ACT

Part 7. Ownership and Transfer of Property

Ownership Of Limited Liability Company Property

35-8-701. Ownership of limited liability company property. (1) Property transferred to or otherwise acquired by a limited liability company becomes property of the limited liability company. A member has no interest in specific limited liability company property.

(2) Property may be acquired, held, and conveyed in the name of the limited liability company. Any estate in real property may be acquired in the name of the limited liability company, and title to any estate acquired must vest in the limited liability company rather than in the members individually.

History: En. Sec. 38, Ch. 120, L. 1993.

Notes of Decisions
Cited in 2 cases (1 in the last 5 years), 2016–2025 · leading case: Boyce v. Carpet Plus, 2016 MT 258N (Mont. 2016).
Sort: Relevance Newest Treatment
Boyce v. Carpet Plus, 2016 MT 258N (Mont. 2016). · cites it 2× “3d 1028 ; § 35-8-701, MCA. The individual Homeowners cannot bring an action on 2 behalf of the LLC.”
Couto v. CorVel Enter. Comp., Inc. (D. Mont. 2025). · cites it 2× “” Mont. Code Ann. § 35-8-701 . This statute does not differentiate between sole-owner members and other members.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.