Section 77:12 From Nonresident Trustees.
If an inhabitant of this state receives income from one or more trustees, none of whom is an inhabitant of this state or has derived his appointment from a court of this state, such income shall be subject to the taxes imposed by this chapter if it would be taxable to such inhabitant if received by him from its source.
Source. 1923, 65:8. PL 65:12. RL 78:12.