{"data":{"id":"us-mt/80-12-305","jurisdiction":"us-mt","citation":"80-12-305","heading":"Tax exemption of bonds.","body":"Bonds issued by the authority under this chapter and their transfer and income, including any profits made on their sale, are exempt from taxation by the state or any political subdivision or other instrumentality of the state, except for estate taxes. The authority is not required to pay recording or transfer fees or taxes on instruments recorded by it.","path":["TITLE 80. AGRICULTURE","CHAPTER 12. MONTANA AGRICULTURAL LOAN AUTHORITY ACT","Part 3. Bonds"],"source_url":"https://mca.legmt.gov/bills/mca/title_0800/chapter_0120/part_0030/section_0050/0800-0120-0030-0050.html","current_through":"Montana Code Annotated 2025","vintage":"","retrieved_at":"2026-09-14T05:00:46Z","sha256":"4f9f9846dcca361fada8306d4b1fa4a111673fdc98531f90454df97776dddf60","source_id":"us-mt","stale":false,"prev":"us-mt/80-12-304","next":"us-mt/80-12-306"},"notice":"GroundRules: Original legal text. Not legal advice."}