Montana Statutes
§ 15-30-2118 — Taxable Liability On Termination Of Independent Liability Fund
15-30-2118 . Taxable liability on termination of independent liability fund. If an independent liability fund established pursuant to Title 33, chapter 27, is terminated as provided in 33-27-119 , the income from the principal distributed pursuant to 33-27-119 (3) is taxable to that person or persons under the applicable provisions of this chapter.
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Legislative History
En. Sec. 18, Ch. 564, L. 1987; amd. Sec. 1, Ch. 111, L. 2001; Sec. 15-30-107 , MCA 2007; redes. 15-30-2118 by Sec. 1, Ch. 147, L. 2009.
Nearby Sections
15
§ 15-30-101
Renumbered 15-30-2101§ 15-30-102
Renumbered 15-30-2102§ 15-30-103
Renumbered 15-30-2103§ 15-30-104
Repealed§ 15-30-105
Renumbered 15-30-2104§ 15-30-106
Renumbered 15-30-2105§ 15-30-107
Renumbered 15-30-2118§ 15-30-108
Terminated§ 15-30-109
Reserved§ 15-30-110
Repealed§ 15-30-1101
Renumbered 15-30-3301§ 15-30-1102
Renumbered 15-30-3302§ 15-30-1103
Through 15-30-1110 Reserved§ 15-30-111
Renumbered 15-30-2110§ 15-30-1111
Renumbered 15-30-3311