Montana § 15-6-137 - Class Seven Property -- Description -- Taxable Percentage
Full text of Montana Montana Code Annotated § 15-6-137 — Class Seven Property -- Description -- Taxable Percentage, with citation guidance and answers to common questions.
§ 15-6-137. Class Seven Property -- Description -- Taxable Percentage
Class seven property -- description -- taxable percentage. (1) Except as provided in subsection (2), class seven property includes: (a) all property owned by cooperative rural electrical associations that serve less than 95% of the electricity consumers within the incorporated limits of a city or town, except rural electric cooperative properties described in 15-6-141 (1)(c); (b) electric transformers and meters; electric light and power substation machinery; natural gas measuring and regulating station equipment, meters, and compressor station machinery owned by noncentrally assessed public utilities; and tools used in the repair and maintenance of this property. (2) Class seven property does not include wind generation facilities, biomass generation facilities, energy storage facilities classified under 15-6-157 , and property classified under 15-6-163 . (3) Class seven property is taxed at 8% of its market value.
Source: official Montana text · Last verified 2026-08-27
Frequently Asked Questions About Montana § 15-6-137
What does Montana Code Annotated § 15-6-137 cover?
Section 15-6-137 ("Class Seven Property -- Description -- Taxable Percentage") 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 § 15-6-137?
A common citation format is "Montana Code Annotated § 15-6-137" (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 § 15-6-137 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.