15-30-2118 Taxable liability on termination of independent liability fund

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MT Code › Title 15 › Chapter 30 › Part 21 › Section 15-30-2118

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

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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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15-30-2118 Taxable liability on termination of independent liability fund · Mont. Code Ann. § 15-30-2118 | Frix