Montana § 15-24-1202 Taxable Interests In State And Other Exempt Property -- Assessment

Montana Statutes

§ 15-24-1202 — Taxable Interests In State And Other Exempt Property -- Assessment

Montana § 15-24-1202

Title 15TAXATION

Ch. 24SPECIAL PROPERTY TAX APPLICATIONS

Part 12State and Other Exempt Property

This text of Montana § 15-24-1202 (Taxable Interests In State And Other Exempt Property -- Assessment) is published on Counsel Stack Legal Research, covering Montana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mont. Code Ann. § 15-24-1202 (2026).

Text

15-24-1202 . Taxable interests in state and other exempt property -- assessment. When such property is held under a contract of sale or other agreement whereby on certain payment or payments the legal title is or may be acquired by such person, such property shall be assessed to such person and taxed without deduction on account of the whole or any part of the purchase price or other sum due on such property remaining unpaid, provided that the lien for such tax neither attach to, impair, nor be enforced against any interest of the state of Montana or any department, agency, or subdivision thereof.

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15-24-1202 . Taxable interests in state and other exempt property -- assessment. When such property is held under a contract of sale or other agreement whereby on certain payment or payments the legal title is or may be acquired by such person, such property shall be assessed to such person and taxed without deduction on account of the whole or any part of the purchase price or other sum due on such property remaining unpaid, provided that the lien for such tax neither attach to, impair, nor be enforced against any interest of the state of Montana or any department, agency, or subdivision thereof.