§236D-8 - Department to issue release; final settlement of account.
§236D-8 Department to issue release; finalsettlement of account. (a) The department shall issue an automaticrelease of estate tax liability to the personal representative when:
(1) No estate tax is imposed by this chapter and uponthe receipt of a request for a release, if the release includes the swornstatement of the personal representative or agent that in fact no taxes aredue; or
(2) The estate taxes due under this chapter have beenpaid as prescribed in section 236D-6, and the request for a release includesthe sworn statement of the personal representative that in fact all taxes duehave been paid.
(b) The obtaining of a release shall give tothe personal representative sufficient authority to effectuate the transfer ofall property composing the decedent's estate. [L 1983, c 217, pt of §1; am L1994, c 142, §7]