CHAPTER 8 - INHERITANCE TAX

AN ACT TO AMEND CHAPTER 6 OF THE REVISED CODE OF THE STATE OF DELAWARE OF 1935, AS AMENDED, RELATING TO INHERITANCE TAX.

Be it enacted by the Senate and House of Representatives of the State of Delaware in General Assembly met:

Section 1. That Section 101 of said Chapter 6 of the Revised Code of the State of Delaware 1935, being Code Section 135 of said Code be and the same is hereby amended by striking out and repealing the sixth paragraph of said Section 101, and substituting in lieu thereof the following:

Any transfer of a material part of the property of a decedent in the nature of a final disposition or distribution thereof, made by the decedent within six months prior to his death, without full consideration in money or money's worth, shall, unless shown to the contrary, be deemed to have been made in contemplation of death within the meaning of this Act.

Section 2. That all acts or parts of acts inconsistent with this act are hereby repealed only to the extent of such inconsistency.

Approved April 11, 1945.