58-2435. Same; property or interest subject to taxation.

58-2435

Chapter 58.--PERSONAL AND REAL PROPERTY Part 6.--MISCELLANEOUS PROVISIONS Article 24.--TRUSTS AND POWERS

      58-2435.   Same; property or interest subject to taxation.Property or interests therein held under the provisions of any trustexecuted under the provisions of this act shall be subject to taxation inlike manner as property held in private ownership.

      History:   L. 1974, ch. 235, § 5; July 1.