§ 16-1-301 Administration of code
§ 16-1-302 Functions, powers, and duties of department
§ 16-1-303 Department rules
§ 16-1-304 Prohibited acts
§ 16-1-305 Title to property and moneys — administrative expenses
§ 16-1-306 Revenue to be paid to state treasurer
§ 16-1-307 State-allowed industry trade shows — rulemaking

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Terms Used In Montana Code > Title 16 > Chapter 1 > Part 3 - Department of Revenue Powers, Duties, and Limitations

  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fiduciary: A trustee, executor, or administrator.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Person: includes a corporation or other entity as well as a natural person. See Montana Code 1-1-201
  • Process: means a writ or summons issued in the course of judicial proceedings. See Montana Code 1-1-202
  • Property: means real and personal property. See Montana Code 1-1-205
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201