1. MCA Contents
  2. TITLE 32
  3. CHAPTER 1
  4. Part 5
  5. 32-1-509 Taxes on banks which have ceased to do business

Montana Code Annotated 2023

TITLE 32. FINANCIAL INSTITUTIONS

CHAPTER 1. BANKS AND TRUST COMPANIES

Part 5. Dissolution, Closing, and Liquidation

Taxes On Banks Which Have Ceased To Do Business

32-1-509. Taxes on banks which have ceased to do business. Whenever any bank ceases to do business as a bank, no taxes shall be levied or collected in accordance with the laws governing the assessment of banks but its property shall be assessed in accordance with the laws governing the assessment of similar property of private corporations.

History: En. Sec. 95, Ch. 89, L. 1927; re-en. Sec. 6014.106, R.C.M. 1935; R.C.M. 1947, 5-1022.