§ 33-9-30 - Donation of conservation easement. - Rhode Island Statutes

SECTION 33-9-30

   § 33-9-30  Donation of conservationeasement. – An executor or administrator may donate a conservation easement on any realproperty in order to obtain the benefit of the estate tax exclusion allowedunder sections 170 and 2031(c), respectively, of the United States InternalRevenue Code of 1986, as amended, if:

   (1) The will authorizes or directs the executor to donate aconservation easement on the real property; or

   (2) Each interested party who has an interest in the realproperty that would be affected by the conservation easement consents inwriting to the donation.