Iowa Code 450.54 – Sale to pay tax
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Terms Used In Iowa Code 450.54
- Decedent: A deceased person.
- Director: means the director of the department of revenue. See Iowa Code 453A.42
- property: includes personal and real property. See Iowa Code 4.1
- Sale: means any transfer, exchange, or barter, in any manner or by any means whatsoever, for a consideration, and includes and means all sales made by any person. See Iowa Code 453A.42
Personal representatives or the director of revenue may sell as much of the property of the decedent as will enable them to pay the tax, in the same manner as provided by law for the sale of that property for the payment of debts of testators or intestates.