SECTION 609.051. Shares, personal property.

Latest version.

1Shares, however designated, in such trusts are declared for purposes of taxation, to be personal property, and not interest in land, notwithstanding the nature of the property of which the trust shall consist unless otherwise provided in the trust instrument.

History.-s. 3, ch. 63-488.

Bills Cite this Section:

None

Cited by Court Cases:

None

                    
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