§8-113. Termination of receivership
If at the expiration of 8 years after the date of the disappearance or absconding found by the court under section 8-105, the absentee's property has not been accounted for, delivered or paid over under section 8-112, the court shall order distribution of the remainder to the persons to whom, and in the shares and proportions in which, the absentee's property would have been distributed if the absentee had died intestate within the State on the day 8 years after the date of the disappearance or absconding. The receiver shall deduct from the share of each distributee and pay to the State Tax Assessor the amount each distributee would have paid in an inheritance tax to the State if the distributee had received the property by inheritance from a deceased resident of the State. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
SECTION HISTORY
PL 2017, c. 402, Pt. A, §2 (NEW). PL 2017, c. 402, Pt. F, §1 (AFF). PL 2019, c. 417, Pt. B, §14 (AFF).
Structure Maine Revised Statutes
Article 8: MISCELLANEOUS PROVISIONS
Part 1: RECEIVERSHIPS FOR MISSING AND ABSENT PERSONS
18-C §8-101. Estates of absentees; petition
18-C §8-105. Hearing; appointment of receiver of property; bond
18-C §8-106. Possession by receiver
18-C §8-107. Collection of debts
18-C §8-108. Appointment of receiver for absentee's debts
18-C §8-110. Support of dependents
18-C §8-111. Arbitration of claims
18-C §8-112. Compensation; cessation of duties