Montana Code 15-8-404. Property of particular types of firms
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15-8-404. Property of particular types of firms. (1) The personal property belonging to the business of a merchant or of a manufacturer must be listed in the town or district where the business is carried on.
Terms Used In Montana Code 15-8-404
- Personal property: All property that is not real property.
- Personal property: means money, goods, chattels, things in action, and evidences of debt. See Montana Code 1-1-205
- Property: means real and personal property. See Montana Code 1-1-205
(2)The personal property of express, transportation, and stage companies must be listed and assessed in the county, town, or district where the property is usually kept.
(3)The personal property of gas and water companies must be listed and assessed in the county, town, or district where the principal works are located. Gas and water mains and pipes laid in roads, streets, or alleys are personal property.