Montana Administrative Code

42.35.312 DETERMINATION OF CLEAR MARKET VALUE (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-308, MCA History: Eff. 12/31/72; AMD, Eff. 7/5/75; AMD, 1996 MAR p. 1179, Eff. 4/26/96; REP, 2003 MAR p. 2765, Eff. 12/…

42.35.313 FUNERAL EXPENSES (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-308, MCA History: Eff. 12/31/72; AMD, Eff. 7/5/75; REP, 1996 MAR p. 1179, Eff. 4/26/96.

42.35.314 EXPENSES OF LAST ILLNESS (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-308, MCA History: Eff. 12/31/72; AMD, Eff. 7/5/75; REP, 1996 MAR p. 1179, Eff. 4/26/96.

42.35.315 TAXES OWING AT DEATH (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-308, MCA History: Eff. 12/31/72; AMD, Eff. 7/5/75; REP, 1996 MAR p. 1179, Eff. 4/26/96.

42.35.316 ORDINARY EXPENSES OF ADMINISTRATION (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-308, MCA History: Eff. 12/31/72; AMD, Eff. 7/5/75; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.317 LIMITED, FUTURE, AND CONTINGENT ESTATES (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-417, MCA History: NEW, Eff. 7/5/75; AMD, Eff. 8/5/75; AMD, 1993 MAR p. 2817, Eff. 11/25/93; REP, 2003 MAR p. 2765, …

42.35.321 VALUATION OF REAL ESTATE (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-308, MCA History: NEW, Eff. 7/5/75; AMD, Eff. 8/5/75; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.322 VALUATION OF LEASEHOLDS (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-308, MCA History: NEW, Eff. 7/5/75; AMD, Eff. 8/5/75; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.323 VALUATION OF GROWING CROPS (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-308, MCA History: NEW, Eff. 7/5/75; AMD, 8/5/75; AMD, 1996 MAR p. 1179, Eff. 4/26/96; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.331 VALUATION OF STOCKS AND BONDS (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-308, MCA History: NEW, Eff. 7/5/75; AMD, Eff. 8/5/75; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.332 SECURITIES TRADED ON OPEN MARKETS (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-308, MCA History: NEW, Eff. 7/5/75; AMD, Eff. 8/5/75; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.333 USE OF BID AND ASK PRICES (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-308, MCA History: NEW, Eff. 7/5/75; AMD, Eff. 8/5/75; AMD, 1996 MAR p. 1179, Eff. 4/26/96; REP, 2003 MAR p. 2765, Eff. 12/12/03.…

42.35.334 INCOMPLETE PRICE INFORMATION (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-308, MCA History: NEW, Eff. 7/5/75; AMD, Eff. 8/5/75; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.335 SECURITIES LISTED ON SEVERAL EXCHANGES (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-308, MCA History: NEW, Eff. 7/5/75; AMD, Eff. 8/5/75; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.336 UNTRADED AND CLOSELY HELD SECURITIES (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-308, MCA History: NEW, Eff. 7/5/75; AMD, Eff. 8/5/75; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.337 SHARES IN OPEN-ENDED INVESTMENT COMPANIES (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-308, MCA History: NEW, Eff. 7/5/75; AMD, Eff. 8/5/75; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.341 VALUATION OF CASH, NOTES, AND ACCOUNTS RECEIVABLE (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-308, MCA History: NEW, Eff. 7/5/75; AMD, Eff. 8/5/75; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.342 VALUATION OF INSURANCE (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-308, MCA History: NEW, Eff. 7/5/75; AMD, Eff. 8/5/75; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.343 VALUATION OF ANNUITIES (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-308, MCA History: NEW, Eff. 7/5/75; AMD, Eff. 8/5/75; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.401 IMPOSITION OF ESTATE TAX (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201, 72-16-201, and 72-16-902, MCA Implementing statute(s): Sec. 72-16-904, 72-16-905, and 72-16-909, MCA History: Eff. 12/31/72; AMD, 1979 MAR p. 1550, Eff. 12/14/79; REP, 2003 MAR p. 2765…

42.35.405 IMPOSITION OF GENERATION-SKIPPING TRANSFER TAX (Is Hereby Repealed.) Authorizing statute(s): Sec. 72-16-1107, MCA Implementing statute(s): 72-16-1001 through 72-16-1006, MCA History: NEW, 1992 MAR p. 1246, Eff. 6/12/92; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.501 ELECTION OF ALTERNATE VALUATION (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-337, MCA Implementing statute(s): History: Sec. 72-16-333 and 72-16-334, MCA; NEW, 1983 MAR, p. 19, Eff. 1/14/83; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.502 ELECTIONS TO SPECIALLY VALUE LESS THAN ALL QUALIFIED REAL PROPERTY INCLUDED IN AN ESTATE (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201, 72-16-337, MCA Implementing statute(s): History: Sec. 72-16-336, MCA; NEW, 1983 MAR. p. 19, Eff. 1/14/83; REP, 2003 MAR …

42.35.503 TIME AND MANNER OF MAKING ELECTION (Is Hereby Repealed.) Authorizing statute(s): 15-1-201 and 72-16-337, MCA Implementing statute(s): Sec. 72-16-331 and 72-16-338, MCA History: NEW, 1983 MAR p. 19, Eff. 1/14/83; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.504 AGREEMENT TO SPECIAL VALUATION BY PERSONS WITH AN INTEREST IN PROPERTY (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-337, MCA Implementing statute(s): Sec. 72-16-333, MCA History: NEW, 1983 MAR p. 19, Eff. 1/14/83; REP, 2003 MAR p. 2765, Eff. 12/…

42.35.505 MATERIAL PARTICIPATION REQUIREMENTS (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-337, MCA Implementing statute(s): Sec. 72-16-331(8), MCA History: NEW, 1983 MAR p. 19, Eff. 1/14/83; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.506 TYPES OF QUALIFIED PROPERTY (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-337, MCA Implementing statute(s): History: Sec. 72-16-331(11) and 72-16-453, MCA; NEW, 1983 MAR p. 19, Eff. 1/14/83; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.507 PERIOD MATERIAL PARTICIPATION MUST LAST (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-337, MCA Implementing statute(s): Sec. 72-16-331(11) (c) (ii), MCA History: NEW, 1983 MAR p. 19, Eff. 1/14/83; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.508 PERIOD PROPERTY MUST BE OWNED BY DECEDENT AND FAMILY MEMBERS (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-337, MCA Implementing statute(s): Sec. 72-16-331(11) (c) (i), MCA History: NEW, 1983 MAR p. 19, Eff. 1/14/83; REP, 2003 MAR p. 2765, Eff. 1…

42.35.509 REQUIRED ACTIVITIES - IN GENERAL (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-337, MCA Implementing statute(s): Sec. 72-16-331(5) and (8), MCA History: NEW, 1983 MAR p. 19, Eff. 1/14/83; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.510 SPECIAL RULES FOR CORPORATION, PARTNERSHIPS AND TRUSTS (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-337, MCA Implementing statute(s): Sec. 72-16-337 and 72-16-453, MCA History: NEW, 1983 MAR p. 19, Eff. 1/14/83; REP, 2003 MAR p. 2765, Eff. 12/12…

42.35.511 METHOD OF VALUING FARM REAL ESTATE (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-337, MCA Implementing statute(s): Sec. 72-16-335, MCA History: NEW, 1983 MAR p. 19, Eff. 1/14/83; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.512 GROSS CASH RENTAL (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-337, MCA Implementing statute(s): Sec. 72-16-336, MCA History: NEW, 1983 MAR p. 19, Eff. 1/14/83; AMD, 1996 MAR p. 1179, Eff. 4/26/96; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.513 DOCUMENTATION REQUIRED OF PERSONAL REPRESENTATIVE (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-337, MCA Implementing statute(s): Sec. 72-16-331 and 72-16-337, MCA History: NEW, 1983 MAR p. 19, Eff. 1/14/83; AMD, 1996 MAR p. 1179, Eff. 4/26/96; R…

42.35.514 CASH RENTALS - ARM'S LENGTH TRANSACTION REQUIRED (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-337, MCA Implementing statute(s): Sec. 72-16-336, MCA History: NEW, 1983 MAR p. 19, Eff. 1/14/83; AMD, 1996 MAR p. 1179, Eff. 4/26/96; REP, 2003 MAR p.…

42.35.515 RENT COMPARABLES (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-337, MCA Implementing statute(s): Sec. 72-16-336, MCA History: NEW, 1983 MAR p. 19, Eff. 1/14/83; AMD, 1996 MAR p. 1179, Eff. 4/26/96; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.516 COMPARABLE REAL PROPERTY (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-337, MCA Implementing statute(s): Sec. 72-16-335, MCA History: NEW, 1983 MAR p. 19, Eff. 1/14/83; AMD, 1996 MAR p. 1179, Eff. 4/26/96; REP, 2003 MAR p. 2765, Eff. 12/12/03.…

42.35.517 ADJUSTMENT-RENT (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-337, MCA Implementing statute(s): Sec. 72-16-336, MCA History: NEW, 1983 MAR p. 19, Eff. 1/14/83; AMD, 1996 MAR p. 1179, Eff. 4/26/96; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.518 TAX DEDUCTION (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-337, MCA Implementing statute(s): Sec. 72-16-335, MCA History: NEW, 1983 MAR p. 19, Eff. 1/14/83; AMD, 1996 MAR p. 1179, Eff. 4/26/96; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.35.519 COMPARABLE REAL PROPERTY DEFINED (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-337, MCA Implementing statute(s): Sec. 72-16-335, MCA History: NEW, 1983 MAR p. 19, Eff. 1/14/83; AMD, 1996 MAR p. 1179, Eff. 4/26/96; REP, 2003 MAR p. 2765, Eff. 12/1…

42.35.520 DETERMINATION OF INTEREST RATE IN CAPITALIZATION FORMULA (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-337, MCA Implementing statute(s): Sec. 72-16-335, MCA History: NEW, 1983 MAR p. 19, Eff. 1/14/83; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.36.101 TAXABLE VALUE (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): 72-16-321, MCA History: Eff. 12/31/72; AMD, Eff. 7/5/75; AMD, 1996 MAR p. 1181, Eff. 4/26/96; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.36.102 PRIMARY RATES (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-321, MCA History: Eff. 12/31/72; AMD, Eff. 7/5/75; AMD, 1996 MAR p. 1181, Eff. 4/26/96; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.36.103 TERMINOLOGY (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-321, MCA History: Eff. 12/31/72; AMD, Eff. 7/5/75; AMD, 1996 MAR p. 1181, Eff. 4/26/96; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.36.104 CREDIT ALLOWANCE (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-317, MCA History: Eff. 12/31/72; REP, 2003 MAR p. 2765, Eff. 12/12/03.

42.36.105 TAX CREDIT (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-318, MCA History: NEW, Eff. 7/5/75; AMD, 1978 MAR p. 80, Eff. 2/24/78; AMD, 1979 MAR p. 1550, Eff. 12/14/79; REP, 2003 MAR p. 2765, Eff. 12/12/0…

42.36.201 GENERAL EXEMPTIONS (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-311 through 72-16-313, 72-16-316, and 72-16-318, MCA History: NEW, Eff. 7/5/75; AMD, 1978 MAR p. 80, Eff. 2/24/78; AMD, 1979 MAR p. 1550…

42.36.202 TOTALLY EXEMPT TRANSFERS (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-312, MCA History: NEW, Eff. 7/5/75; AMD, 1978 MAR p. 80, Eff. 2/24/78; AMD, 1979 MAR p. 1550, Eff. 12/14/79; AMD, 1996 MAR p. 1181…

42.36.203 EXEMPTION FOR TANGIBLE PERSONAL PROPERTY OUTSIDE MONTANA (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-316, MCA History: NEW, Eff. 7/5/75; AMD, 1978 MAR p. 80, Eff. 2/24/78; AMD, 1979 MAR p. 1550, Eff.…

42.36.204 EXEMPTION FOR INTANGIBLE PERSONAL PROPERTY OF NONRESIDENTS (Is Hereby Repealed.) Authorizing statute(s): Sec. 15-1-201 and 72-16-201, MCA Implementing statute(s): Sec. 72-16-801, MCA History: Eff. 12/31/72; REP, 2003 MAR p. 2765, Eff. 12/12/03.