Appointment of reappraiser; powers; compensation
Sec. 3. When a reappraisal petition is filed under section 2 of this
chapter, the probate court may appoint a competent person to
reappraise the property interests transferred by the resident decedent
under taxable transfers. An appraiser appointed by the court under
this section has the same powers and duties, including the duty to
give notice of the appraisal and the duty to make an appraisal report
to the court, as the county inheritance tax appraiser. The appointed
appraiser is entitled to receive an amount fixed by the court and
approved by the department of revenue as compensation for his
services. After the probate court certifies to the county treasurer the
amount of compensation due the appointed appraiser, the county
treasurer shall pay the appraiser from county funds not otherwise
appropriated.
As added by Acts 1976, P.L.18, SEC.1.
Last modified: May 28, 2006