{"data":{"id":"us-mt/15-68-201","jurisdiction":"us-mt","citation":"15-68-201","heading":"Nontaxable transaction certificate -- requirements.","body":"(1) A nontaxable transaction certificate executed by a buyer or lessee must be in the possession of the seller or lessor at the time that a nontaxable transaction occurs.\n(2) A nontaxable transaction certificate must contain the information and be in the form prescribed by the department.\n(3) Only a buyer or lessee who has registered with the department and whose seller's permit is valid may execute a nontaxable transaction certificate.\n(4) If the seller or lessor accepts a nontaxable transaction certificate within the required time and believes in good faith that the buyer or lessee will employ the property or service transferred in a nontaxable manner, the properly executed nontaxable transaction certificate is considered conclusive evidence that the sale is nontaxable.","path":["TITLE 15. TAXATION","CHAPTER 68. SALES TAX","Part 2. Nontaxable Transactions and Exemptions"],"source_url":"https://mca.legmt.gov/bills/mca/title_0150/chapter_0680/part_0020/section_0010/0150-0680-0020-0010.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T04:47:50Z","sha256":"54fabfa7fefd324204ced65fb86310bdd4cb05297be70ee8517635d1257f60b4","source_id":"us-mt","stale":false,"prev":"us-mt/15-68-111","next":"us-mt/15-68-202"},"notice":"GroundRules: Original legal text. Not legal advice."}