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§ 26-18-504. Final accounts of fiduciaries

AR Code § 26-18-504 (2018) (N/A)
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(a) No final account of any fiduciary shall be allowed by a probate division of circuit court of the state unless the account shows, and the probate division of circuit court finds, that all taxes imposed by any state tax law which are due have been paid and that all taxes which may become due are secured by bond, security deposit, or otherwise. To the extent that a tax certificate of the director shows payment, it shall be conclusive.

(b) For the purpose of facilitating the settlement and distribution of the estates held by fiduciaries, the director may agree upon the amount of taxes due, or to become due, from the fiduciaries under the provisions of any state tax law, and payment in accordance with the agreement shall be in full satisfaction of all taxes to which the agreement relates.

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§ 26-18-504. Final accounts of fiduciaries