§ 15-12-1410 — Right of reimbursement

(1) A person required pursuant to
section 15-12-1409 to pay an estate tax greater than the amount due from the
person pursuant to sections 15-12-1403 and 15-12-1404 has a right to
reimbursement from another person to the extent that the other person has not
paid the tax required by sections 15-12-1403 and 15-12-1404 and a right to
reimbursement ratably from other persons to the extent that each has not
contributed a portion of the amount collected pursuant to section 15-12-1409 (2).

(2) A fiduciary may enforce the right of reimbursement under subsection (1)
of this section on behalf of the person that is entitled to the reimbursement and
shall take reasonable steps to do so if so requested by the person.

Legislative History

Source: L. 2011: Entire part added, (SB 11-165), ch. 184, p. 706, � 1, effective August 10.