™Your Policy Risk Impact Agent
48 chapters · 1,098 sections in this title.
Mont. Code Ann. § 15-44-101 Short Title
0.1K chars
This part may be cited as the "Forest Lands Tax Act".
Mont. Code Ann. § 15-44-102 Definitions
2.4K chars
For the purposes of this part, unless the context requires otherwise, the following definitions apply: (1) "Culmination of mean annual increment" means the point of optimum net wood production on an acre of forest land. (2) "Cultivated Christmas trees" means Christmas trees that …
Mont. Code Ann. § 15-44-103 Legislative Intent -- Value Of Forest Lands -- Valuation Zones
5.7K chars
(1) In order to encourage landowners of private forest lands to retain and improve their holdings of forest lands, to promote better forest practices, and to encourage the investment of capital in reforestation, forest lands must be classified and assessed under the provisions of…
Mont. Code Ann. § 15-44-104 Reduction In Valuation On Forest Lands For Trees Destroyed By Natural Disaster
0.6K chars
(1) Forest lands upon which, at any time after December 31, 1993, trees are destroyed by fire, disease, insect infestation, or other natural disaster so that the lands affected will not meet minimum stocking requirements are eligible for a reduction in value for the first 20 tax …