15-68-208. Nontaxability -- sale of property for resale. The sale of property is nontaxable if:
(1) the sale is made to a buyer who delivers a nontaxable transaction certificate to the seller;
(2) the buyer resells the property either by itself or in combination with other property; and
(3) the subsequent sale is in the ordinary course of business and the property will be subject to the sales tax.
History: En. Sec. 12, Ch. 544, L. 2003.
Structure Montana Code Annotated
Part 2. Nontaxable Transactions and Exemptions
15-68-201. Nontaxable transaction certificate -- requirements
15-68-202. Nontaxable transaction certificate -- form
15-68-203. through 15-68-205 reserved
15-68-206. Exemption -- government agencies
15-68-207. Exemption -- isolated or occasional sale or lease of property
15-68-208. Nontaxability -- sale of property for resale
15-68-209. Nontaxability -- sale of service for resale
15-68-210. Nontaxability -- lease for subsequent lease