Certain exempt property under control of executor
Sec. 32. Tangible property is exempt from property taxation if it:
(1) is under the control of an executor;
(2) is to pass, under the terms of a will, to a municipal corporation
or to a literary, scientific, benevolent, religious, or charitable
institution; and
(3) would be exempt from property taxation if it had already been
distributed to the devisee or legatee.
(Formerly: Acts 1975, P.L.47, SEC.1.)
Last modified: May 28, 2006