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.
Mont. Code Ann. § 15-30-2118
Taxable liability on termination of independent liability fund
En
Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.