72-16-322. Other rates -- amount remaining after exemptions in excess of twenty-five thousand dollars. The rates in 72-16-321 are for convenience termed the primary rates. When the amount of the clear value of the remaining amount of the property or interests exceeds $25,000, the rate of tax upon such excess shall be as follows:
     (1) upon all in excess of $25,000 and up to $50,000, two times the primary rate;
     (2) upon all in excess of $50,000 and up to $100,000, three times the primary rate;
     (3) upon all in excess of $100,000, four times the primary rate.

     History: En. Sec. 3, Ch. 65, L. 1923; amd. Sec. 1, Ch. 141, L. 1927; amd. Sec. 2, Ch. 48, Ex. L. 1933; re-en. Sec. 10400.3, R.C.M. 1935; amd. Sec. 3, Ch. 490, L. 1977; R.C.M. 1947, 91-4410.