Arkansas Statutes

§ 28-49-115 — Investment of funds

Arkansas·Title 28
Subject to his or her primary duty to preserve the estate for prompt distribution and to the terms of the will, if any, the personal representative, whenever it is reasonable to do so, shall invest the funds of the estate and make them productive. The investments shall be restricted to those permitted to guardians by the Probate Code.

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Legislative History

Acts 1949, No. 140, § 106; A.S.A. 1947, § 62-2413.

Nearby Sections

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