Rhode Island General Laws 44-9-6. Primary liability of life estate
Current as of: 2023 | Check for updates
|
Other versions
In case of a life estate, the interest of the tenant for life shall first be liable for the tax, and the remainderman, if assessed, shall be secondarily liable.
History of Section.
G.L. 1896, ch. 48, § 8; G.L. 1909, ch. 60, § 10; G.L. 1923, ch. 62, § 10; G.L. 1938, ch. 32, §§ 10, 27; P.L. 1946, ch. 1800, § 1; G.L. 1956, § 44-9-6; P.L. 2003, ch. 262, § 1.
Terms Used In Rhode Island General Laws 44-9-6
- Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
- Remainderman: One entitled to the remainder of an estate after a particular reserved right or interest, such as a life tenancy, has expired.