§ 39-24-101. Short Title

This article shall be known and may be cited as the “Uniform Act on Interstate Compromise and Arbitration of Inheritance Taxes”. Source: L. 53: p. 355, § 1. CRS 53: § 138-8-1. C.R.S. 1963: § 138-7-1.

§ 39-24-102. Definitions

As used in this article, unless the context otherwise requires: “State” means any state, territory, or possession of the United States and the District of Columbia. Source: L. 53: p. 355, § 2. CRS 53: § 138-8-2. C.R.S. 1963: § 138-7-2.

§ 39-24-103. Interpretation

This article shall be so interpreted and construed as to effectuate its general purpose to make uniform the law of those states which enact it. Source: L. 53: p. 355, § 3. CRS 53: § 138-8-3. C.R.S. 1963: § 138-7-3.

§ 39-24-104. Compromise Agreement – Filing – Penalty

When the executive director of the department of revenue claims that a decedent was domiciled in this state at the time of his death and the taxing authorities of another state make a like claim on behalf of their state, the said executive director may make a written agreement of compromise with the other taxing […]

§ 39-24-105. Arbitration Agreement – Board of Arbitrators

When the executive director of the department of revenue claims that a decedent was domiciled in this state at the time of his death and the taxing authorities of another state make a like claim on behalf of their state, the said executive director may make a written agreement with the other taxing authorities and […]

§ 39-24-106. Hearings

The board shall hold hearings at such times and places as it may determine upon reasonable notice to the parties to the agreement, all of whom shall be entitled to be heard, to present evidence, and to examine and cross-examine witnesses. Source: L. 53: p. 356, § 6. CRS 53: § 138-8-6. C.R.S. 1963: § […]

§ 39-24-107. Powers of Board

The board has power to administer oaths, take testimony, subpoena and require the attendance of witnesses and the production of books, papers, and documents, and issue commissions to take testimony. Subpoenas may be signed by any member of the board. In case of failure to obey a subpoena, any judge of a court of record […]

§ 39-24-108. Determination of Domicile

The board, by majority vote, shall determine the domicile of the decedent at the time of his death. This determination shall be final for purposes of imposing and collecting inheritance taxes but for no other purpose. Source: L. 53: p. 357, § 8. CRS 53: § 138-8-8. C.R.S. 1963: § 138-7-8.

§ 39-24-109. Majority Vote

Except as provided in section 39-24-107 in respect to the issuance of subpoenas, all questions arising in the course of the proceedings shall be determined by a majority vote of the board. Source: L. 53: p. 357, § 9. CRS 53: § 138-8-9. C.R.S. 1963: § 138-7-9.

§ 39-24-110. Filing of Determination

The executive director of the department of revenue, the board, or the executor or administrator of such decedent shall file the determination of the board as to domicile, the record of the board’s proceedings, and the agreement or a duplicate made pursuant to section 39-24-105, with the authority having jurisdiction to assess or determine the […]

§ 39-24-111. Penalties for Nonpayment

If it is determined by the board that the decedent died domiciled in this state, interest or penalties, if otherwise imposed by law for nonpayment of inheritance taxes between the date of the agreement and of filing of the determination of the board as to domicile, shall not exceed ten percent per annum. Source: L. […]

§ 39-24-112. Compromise by Parties

Nothing in this article shall prevent at any time a written compromise, if otherwise lawful, by all parties to the agreement made pursuant to section 39-24-104, fixing the amounts to be accepted by this and any other state involved in full satisfaction of inheritance taxes. Source: L. 53: p. 357, § 12. CRS 53: § […]

§ 39-24-113. Compensation and Expenses

The compensation and expenses of the members of the board and its employees may be agreed upon among such members and the executor or administrator and, if they cannot agree, shall be fixed by any court having jurisdiction over probate matters of the state determined by the board to be the domicile of the decedent. […]

§ 39-24-114. Reciprocal Application

The provisions of this article relative to arbitration shall apply only to cases in which and so far as each of the states involved has a law identical or substantially similar to this article. Source: L. 53: p. 358, § 14. CRS 53: § 138-8-14. C.R.S. 1963: § 138-7-14.