Sec. 20. The lien of the state for inheritance or estate taxes shall not extend to any interest acquired by a purchaser, mortgagee, or lessee through any transfer made by a personal representative under a power contained in a will, under IC 29-1-7.5-3, or under order of the court.
Formerly: Acts 1953, c.112, s.1520. As amended by Acts 1976, P.L.125, SEC.7.
Structure Indiana Code
Chapter 15. Sales, Mortgages, Leases, Exchanges─personal and Real Property
29-1-15-1. Priorities; Wills; Orders of Court
29-1-15-2. Powers Under Will; Optional Procedure
29-1-15-3. Payment of Claims, Expenses, and Taxes; Distribution of Estate
29-1-15-4. Order Not Granted; Bond Given by Interested Person
29-1-15-6. Purchasers, Mortgagees, Pledgees, or Lienors; Allowance of Claims
29-1-15-7. Collateral Attack; Irregularity in Proceedings
29-1-15-8. Petition; Stock; Bonds; Securities
29-1-15-9. Perishable Properties; Family Allowance; Title to Property; Approval
29-1-15-10. Unit Sales, Mortgages, or Leases
29-1-15-11. Petition; Sale, Mortgage, or Lease of Real Property; Order of Court
29-1-15-12. Conflicting Titles; Process and Notice
29-1-15-14. Fair Market Value; Appraisal; Reappraisal
29-1-15-15. Real Property Sales; Notice
29-1-15-17. Execution of Conveyance or Lease; Certified Copy of Order; Power Given Under Will
29-1-15-18. Forms for Conveyances
29-1-15-19. Irregularity or Defect in Proceedings; Guardians; Good Faith Purchasers
29-1-15-20. Lien of State for Inheritance or Estate Taxes