§ 450.58 — Final settlement to show payment

Iowa § 450.58

• Jurisdiction: Iowa
• Title X: FINANCIAL RESOURCES
• Ch. 450: INHERITANCE TAX

Text

1. Except as provided in subsection 2, the final settlement of the account of a personal
representative shall not be accepted or allowed unless it shows, and the court finds, that all
taxesimposedbythischapteruponanypropertyorinterestinpropertythataremadepayable
by the personal representative and to be settled by the account, have been paid, and that the
receipt of the department of revenue for the tax has been obtained as provided in section
450.64.
2. If an inheritance tax return is not required to be filed pursuant to section 450.53,
subsection 1, paragraph “b”, the personal representative’s final settlement of account need
not contain an inheritance tax receipt from the department, but shall, instead, contain the
personal representative’s certification under section 633.35 that an inheritance tax return is
not required to be filed pursuant to section 450.53, subsection 1, paragraph “b”.
3. Any order contravening any provision of this section is void.

Legislative History

[S13, §1481-a19; C24, 27, 31, 35, 39, §7363; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §450.58]