Montana Title 15. Taxation § 15-6-218. Intangible personal property exemption

(1) Intangible personal property is exempt from taxation.

(2) For the purposes of this section, “intangible personal property” means personal property that is not tangible personal property and that:

(3) To the extent that the unit value of centrally assessed property includes intangible personal property, that value must be removed from the unit value.