58-2435. Same; property or interest subject to taxation. Property or interests therein held under the provisions of any trust executed under the provisions of this act shall be subject to taxation in like manner as property held in private ownership.
History: L. 1974, ch. 235, ยง 5; July 1.
Structure Kansas Statutes
Chapter 58 - Personal And Real Property
Article 24 - Trusts And Powers
58-2401 How trust concerning land created.
58-2402 Title of purchaser without notice of trust.
58-2403 Record of trust as notice.
58-2406 Conveyance to one person when consideration paid by another.
58-2407 Same; effect as to creditors.
58-2408 Same; cases to which 58-2406 shall not extend.
58-2414 Grant reserving power of revocation.
58-2416 Power given to married woman.
58-2418 Power to grantee to sell.
58-2419 Act does not extend to simple power of attorney to convey lands.
58-2432 Same; trust instruments and acceptance, recording; binding contract.
58-2434 Same; appointment, succession, powers, duties, terms and compensation of trustees.
58-2435 Same; property or interest subject to taxation.
58-2436 Same; payment of operation, maintenance and depreciation costs; fees and charges.