Tennessee Statutes
§ 67-8-115 — [Not applicable to any transfer by gift made on or after January 1, 2012, see 67-8-118.] Liability of donee
Tennessee·Title 67
If the tax imposed under this part is not paid by the donor when due, and if a distress warrant directed against the property of such donor has been returned nulla bona, the donee of any gift shall be personally liable for such tax to the extent of the value of such gift.
Free access — add to your briefcase to read the full text and ask questions with AI
Tennessee § 67-8-115 ([Not applicable to any transfer by gift made on or after January 1, 2012, see 67-8-118.] Liability of donee) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1939, ch. 137, § 17; C. Supp. 1950, § 1295.17 (Williams, § 1328.17); Acts 1973, ch. 368, § 3; T.C.A. (orig. ed.), § 67-2522.
Nearby Sections
15
§ 67-1-1001
Part definitions§ 67-1-1002
Grounds§ 67-1-1004
Ineffective against bona fide purchaser§ 67-1-1005
Duty to back assess or reassess - Citation§ 67-1-1006
Obtaining evidence§ 67-1-1008
Penalty and costs§ 67-1-1011
Records and reports§ 67-1-103
Study of tax laws - Report§ 67-1-104
Tax administration fund