In this chapter,
(1) "decedent" includes the testator, intestate grantor, bargainor, vendor, or donor;
(2) "executor" means the executor, administrator, or curator of the decedent, or if there is no executor, administrator, or curator appointed qualified and acting, then any person who is in the actual or constructive possession of any property included in the gross estate of the decedent;
(3) "gross estate" means the gross estate as determined under the provisions of the applicable federal revenue Act;
(4) "intangible personal property" means incorporeal personal property including deposits in banks, negotiable instruments, mortgages, debts, receivables, shares of stock, bonds, notes, credits, evidences of an interest in property, evidences of debt, and choses in action generally;
(5) "net estate" means the net estate as determined under the provisions of the applicable federal revenue Act;
(6) "nonresident" means a natural person domiciled outside the state;
(7) "person" means persons, corporations, associations, joint stock companies, and business trusts;
(8) "real property" means real property as it is commonly understood and includes real property whose legal title is in the decedent but which is subject to a contract of sale to a third party;
(9) "resident" means a natural person domiciled in the state;
(10) "tangible personal property" means corporeal personal property, including money;
(11) "transfer" includes the passing of property or any interest in property, in possession or enjoyment, present or future, by inheritance, descent, devise, succession, bequest, grant, deed, bargain, sale, gift, or appointment in the manner described in this chapter;
(12) "United States" used in a geographical sense includes only the 50 states and the District of Columbia.
Section: Previous 43.31.270 43.31.280 43.31.290 43.31.300 43.31.310 43.31.320 43.31.330 43.31.340 43.31.350 43.31.360-43.31.390 43.31.400 43.31.410 43.31.420 43.31.430 NextLast modified: November 15, 2016