Tennessee Statutes
§ 67-8-701 — Short title - Purpose
Tennessee·Title 67
(a)This part shall be known and may be cited as the "Payment of Transfer Taxes in Kind Act." (b) It is the intent of this part, in appropriate circumstances, to allow the payment of transfer taxes under this chapter by the transfer to the state of unique objects of significant historical or artistic interest, unique sites or buildings of historical interest, or interests in real property having recreational, cultural, conservational, or wildlife value, or value to the state for a public purpose. It is not the intent to create a right in anyone to pay transfer taxes in kind.
Free access — add to your briefcase to read the full text and ask questions with AI
Tennessee § 67-8-701 (Short title - Purpose) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Acts 1989, ch. 236, § 2.
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