72-16-903. Taxable situs of property. For the purpose of the estate tax, the following have taxable situs in this state:
     (1) real property located in this state;
     (2) tangible personal property located in this state; and
     (3) intangible personal property owned by a resident regardless of where it is located.

     History: En. Sec. 2, Ch. 48, Ex. L. 1933; re-en. Sec. 10400.3a, R.C.M. 1935; amd. Sec. 1, Ch. 360, L. 1969; amd. Sec. 1, Ch. 28, L. 1971; amd. Sec. 12, Ch. 365, L. 1974; R.C.M. 1947, 91-4411(part); amd. Sec. 27, Ch. 9, Sp. L. May 2000.