{"data":{"id":"us-mt/15-31-703","jurisdiction":"us-mt","citation":"15-31-703","heading":"Moneyed capital and shares of banks exempt.","body":"(1) Moneyed capital and shares of banks are exempt from taxation.\n(2) \"Moneyed capital\" means money, bonds, notes, and other evidence of indebtedness, including evidence of indebtedness secured by a mortgage on real or personal property, in the hands of individual citizens and corporations coming into competition with the business of national banks or employed in conducting a banking or investment business.","path":["TITLE 15. TAXATION","CHAPTER 31. CORPORATE INCOME TAX OR ALTERNATIVE CORPORATE INCOME TAX","Part 7. Bank, Moneyed Capital, and Shares Exempt"],"source_url":"https://mca.legmt.gov/bills/mca/title_0150/chapter_0310/part_0070/section_0030/0150-0310-0070-0030.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:47:28Z","sha256":"054875eb4af9143e7f0b700ceab2d8c41fb9d698b7011c7ec08818c64a36fc43","source_id":"us-mt","stale":false,"prev":"us-mt/15-31-702","next":"us-mt/15-31-801"},"notice":"GroundRules: Original legal text. Not legal advice."}