54:37-7 - Enforcement of tax; action for accounting; remission of intangibles - New-jersey Statutes

State Codes and Statutes

Statutes > New-jersey > Title-54 > Section-54-37 > 54-37-7

54:37-7. Enforcement of tax; action for accounting; remission of intangibles If the official or body charged with the administration of the death tax laws of the domiciliary State shall, within sixty days after a notice is mailed pursuant to section 54:37-6 of this Title commence an action to compel an accounting in such estate with a court of this State having jurisdiction over the accounts of the estate, the court shall require such accounting. When the accounting has been filed and approved by the court, the court shall direct the remission to the fiduciary appointed by the domiciliary State of sufficient of the intangible personalty, after payment of creditors in this State and expenses of administration in this State, to satisfy the claims of the domiciliary State for death taxes, interest and penalties.

Amended by L.1953, c. 51, p. 929, s. 146.

State Codes and Statutes

Statutes > New-jersey > Title-54 > Section-54-37 > 54-37-7

54:37-7. Enforcement of tax; action for accounting; remission of intangibles If the official or body charged with the administration of the death tax laws of the domiciliary State shall, within sixty days after a notice is mailed pursuant to section 54:37-6 of this Title commence an action to compel an accounting in such estate with a court of this State having jurisdiction over the accounts of the estate, the court shall require such accounting. When the accounting has been filed and approved by the court, the court shall direct the remission to the fiduciary appointed by the domiciliary State of sufficient of the intangible personalty, after payment of creditors in this State and expenses of administration in this State, to satisfy the claims of the domiciliary State for death taxes, interest and penalties.

Amended by L.1953, c. 51, p. 929, s. 146.

State Codes and Statutes

Back To Homepage

State Codes and Statutes

Statutes > New-jersey > Title-54 > Section-54-37 > 54-37-7

54:37-7. Enforcement of tax; action for accounting; remission of intangibles If the official or body charged with the administration of the death tax laws of the domiciliary State shall, within sixty days after a notice is mailed pursuant to section 54:37-6 of this Title commence an action to compel an accounting in such estate with a court of this State having jurisdiction over the accounts of the estate, the court shall require such accounting. When the accounting has been filed and approved by the court, the court shall direct the remission to the fiduciary appointed by the domiciliary State of sufficient of the intangible personalty, after payment of creditors in this State and expenses of administration in this State, to satisfy the claims of the domiciliary State for death taxes, interest and penalties.

Amended by L.1953, c. 51, p. 929, s. 146.