72-16-334. Election of alternate valuation. An election for valuation under 72-16-331 through 72-16-349 must be made within 18 months of the date of the decedent's death and must be made in such manner as the department may prescribe. The election, once made, is irrevocable.

     History: En. Sec. 3, Ch. 705, L. 1979; amd. Sec. 5, Ch. 511, L. 1983.