Drupal - Get Terms in list format

template.php

<?php
/**
 * Get Terms in list format (Drupal 6).
 *
 * Usage:
 * Paste in node.tpl.php: <?php print get_terms_list($node); ?>
 *
 * @param object $node
 *  Node object.
 *
 * @return string
 *  Terms in list format.
 */
function get_terms_list($node) {

  if (module_exists('taxonomy')) {

    $term_links = '<ul class="terms-list">';

    foreach ($node->taxonomy as $term) {
      $term_links .= '<li>' . l($term->name, 'taxonomy/term/' . $term->tid,
        array(
          'attributes' => array('title' => $term->description)
        )) . '</li>';
    }

    $term_links .= '</ul>';

    return $term_links;
  }
}