Mont. Admin. r. 42.15.905 - INDIVIDUAL LIABILITY

(1) If a corporate account administrator, limited liability company, or a limited partnership fails to withhold or fails to remit any penalties withheld to the department as required, the officers and owners are individually responsible for the penalties.

(2) A financial institution is not responsible for analyzing the eligibility of the expenses if the account holder attests that the withdrawal is made for eligible costs.

(3) Each self-administered account holder is individually responsible for remitting the penalties as stated in ARM 42.15.903.

(4) In the case of a bankruptcy by an account administrator, the liability for the penalties remain unaffected and the individual or owners remains liable for the amount of penalties withheld but unpaid.

Notes

Mont. Admin. r. 42.15.905

NEW, 2004 MAR p. 1033, Eff. 4/23/04.

Sec. 15-1-201, MCA; IMP, Sec. 15-63-203, MCA;