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
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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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