Montana § 15-39-107 - Interest On Deficiency -- Penalty
Full text of Montana Montana Code Annotated § 15-39-107 — Interest On Deficiency -- Penalty, with citation guidance and answers to common questions.
§ 15-39-107. Interest On Deficiency -- Penalty
Interest on deficiency -- penalty. (1) Interest accrues on unpaid or delinquent taxes as provided in 15-1-216 . The interest must be computed from the date on which the statement and tax were originally due. (2) If the payment of a tax deficiency is not made within 60 days after it is due and payable and if the deficiency is due to negligence on the part of the taxpayer but without fraud, the penalty imposed by 15-1-216 (2) must be added to the amount of the deficiency.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 15-39-107
What does Montana Code Annotated § 15-39-107 cover?
Section 15-39-107 ("Interest On Deficiency -- Penalty") is part of the Montana Code Annotated, the codified statutory law of Montana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Montana § 15-39-107?
A common citation format is "Montana Code Annotated § 15-39-107" (Montana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Montana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Montana official source linked on this page or consult a licensed Montana attorney.
How does Montana § 15-39-107 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Montana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Montana.