§ 9883. — 9883. (Enacted by Stats. 1990, Ch. 79.)

California § 9883.

• Jurisdiction: California
• Code PROB: Probate Code - PROB
• Div. 7.: DIVISION 7. ADMINISTRATION OF ESTATES OF DECEDENTS
• Part 5.: PART 5. ESTATE MANAGEMENT
• Ch. 12.: CHAPTER 12. Purchase of Claims or Estate Property by Personal Representative or Personal Representative’s Attorney

Text

(a)
The personal representative may file a petition requesting that the court make an order under Section 9881 or 9882. The petition shall set forth the facts upon which the request for the order is based.
(b)
If court confirmation of the sale is required, the court may make its order under Section 9881 or 9882 at the time of the confirmation.
(c)
Notice of the hearing on the petition shall be given as provided in Section 1220 to all of the following persons:
(1)
Each person listed in Section 1220.
(2)
Each known heir whose interest in the estate would be affected by the proposed purchase.
(3)
Each known devisee whose interest in the estate would be affected by the proposed purchase.
(d)
If the court is satisfied that the purchase should be authorized, the court shall make an order authorizing the purchase upon the terms and conditions specified in the order, and the personal representative may execute a conveyance or transfer according to the terms of the order. Unless otherwise provided in the will or in the order of the court, the sale of the property shall be made in the same manner as the sale of other estate property of the same nature.

Legislative History

Enacted by Stats. 1990, Ch. 79.