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Rule: 24.16.1506 Prev     Up     Next    
Rule Title: "REASONABLE COST"; "FAIR VALUE"
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Department: LABOR AND INDUSTRY, DEPARTMENT OF
Chapter: WAGES AND HOURS
Subchapter: Determinations Under and Interpretations of the Montana Minimum Wage and Overtime Compensation Act
 
Latest version of the adopted rule presented in Administrative Rules of Montana (ARM):

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24.16.1506    "REASONABLE COST"; "FAIR VALUE"

(1) "Reasonable cost", does not include a profit to the employer or to any affiliated person. Although the question of affiliation is one of fact, where any of the following persons operate company stores or commissaries or furnish lodging or other facilities they will normally be deemed "affiliated persons" within the meaning of the regulations: A spouse, child, parent, or other close relative of the employer; a partner, officer, or employee in the employer company or firm; a parent, subsidiary, or otherwise closely connected corporation; and an agent of the employer.

History: Sec. 39-3-403, MCA; IMP, Sec. 39-3-402, MCA; Eff. 12/31/72.


 

 
MAR Notices Effective From Effective To History Notes
12/31/1972 Current History: Sec. 39-3-403, MCA; IMP, Sec. 39-3-402, MCA; Eff. 12/31/72.
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