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Session Laws, 1958
Volume 619, Page 66   View pdf image (33K)
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66                                   LAWS OF MARYLAND                          [CH. 37

Section 1. Be it enacted by the General Assembly of Maryland,
That Section 153 of Article 81 of the Annotated Code of Maryland
(1957 Edition), title "Revenue and Taxes", sub-title "Inheritance
Tax", sub-heading "In General", be and it is hereby repealed and
re-enacted, with amendments, and to read as follows:

153. Tax on appraised value of personal property; sale of prop-
erty to pay tax.

When any species of property other than money or real estate
shall be subject to said tax, the tax shall be paid on the appraised
value thereof m AS shown in the inventory filed in the office of the
register of wills of the proper county or city

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and every executor shall have
power, under the order of the orphans' court, to sell, if necessary, so
much of said property as will enable him to pay said tax. AT
ANY TIME OR TIMES WITHIN FIFTEEN MONTHS AFTER
THE GRANT OF LETTERS OF ADMINISTRATION, BUT NOT
THEREAFTER, THE ORPHANS COURT APPOINTING THE
APPRAISERS, UPON PETITION OF THE REGISTER OF
WILLS OR THE EXECUTOR, AND FOR GOOD CAUSE SHOWN,
MAY DIRECT THE APPRAISERS TO REAPPRAISE AND RE-
VALUE THE PROPERTY INCLUDED IN THE INVENTORY
AND STILL IN THE HANDS OF THE EXECUTOR, AND RE-
TURN SUCH REAPPRAISEMENT AND REVALUATION IN AN
AMENDED INVENTORY. IN SUCH EVENT, THE TAX SHALL
BE PAID ON THE REAPPRAISED VALUE OF SUCH PROP-
ERTY OTHER THAN MONEY OR REAL ESTATE AS SHOWN
IN THE AMENDED INVENTORY.

Sec 2. And be it further enacted, That this Act shall take effect
June 1, 1958.

Approved March 13, 1958.

CHAPTER 37
(House Bill 9)

AN ACT to add new Section 167 (c) to Article 33 of the Annotated
Code of Maryland (1957 Edition), title "Elections", sub-title
"Referenda", to follow immediately after Section 167 (b) thereof,
relating generally to Constitutional amendments or referenda cer-
tified to the various Boards of Election Supervisors in this State

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BY THE SECRETARY
OF STATE, AND TO LOCAL QUESTIONS ON REFERENDUM,
AND TO THE ORDER OF SUCH AMENDMENTS OR REFER-
ENDA OR QUESTIONS ON THE BALLOTS OR BALLOT-
LABELS.

EXPLANATION: Italics indicate new matter added to existing law.

[Brackets] indicate matter stricken from existing law.
CAPITALS indicate amendments to bill.
Strike out indicates matter stricken out of bill.

 

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Session Laws, 1958
Volume 619, Page 66   View pdf image (33K)
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