§ 18-5-3. Property tax on assets.
Real estate and tangible personal property constituting assets of a common trust fund shall be taxed to the owner of the assets in the same manner as otherwise required by law.
History of Section.P.L. 1956, ch. 3839, § 3; G.L. 1956, § 18-5-3.
Structure Rhode Island General Laws
Chapter 18-5 - Common Trust Funds
Section 18-5-1. - Establishment by banks and trust companies authorized.
Section 18-5-2. - Definitions.
Section 18-5-3. - Property tax on assets.
Section 18-5-4. - Exemption of funds from taxation generally.
Section 18-5-6. - Relationships to which chapter applicable.