# Mont. Code Ann. § 15-7-401: 15-7-401 Purpose

> Montana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MT_T15_C7_P4_S15-7-401

## Section

- **Citation:** Mont. Code Ann. § 15-7-401
- **Heading:** 15-7-401 Purpose
- **Jurisdiction:** Montana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MT Code / Title 15 / Chapter 7 / Part 4 / Section 15-7-401

## Text

15-7-401 . Purpose. The legislature finds that the rapid commercial and industrial growth in many Montana cities and towns is engulfing homes. Owners of these homes are often forced to pay higher property taxes upon these homes because their property is appraised on its industrial or commercial use. The legislature intends that houses and lots in these areas of changing use shall be appraised on their value as residential property.

## Nearby sections

- [Mont. Code Ann. § 15-7-401 15-7-401 Purpose](https://www.frixlaw.com/law-library/statutes/STATE_MT_T15_C7_P4_S15-7-401.md)
- [Mont. Code Ann. § 15-7-402 15-7-402 Application for residential appraisal of certain land and improvements](https://www.frixlaw.com/law-library/statutes/STATE_MT_T15_C7_P4_S15-7-402.md)
- [Mont. Code Ann. § 15-7-403 15-7-403 Rollback tax -- computation](https://www.frixlaw.com/law-library/statutes/STATE_MT_T15_C7_P4_S15-7-403.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MT_T15_C7_P4_S15-7-401. Check the current official text before relying on it. Not legal advice.