Colorado Statutes
§ 15-12-503 — Supervised administration - effect on other proceedings
(1)The pendency of a proceeding for supervised administration of a decedent's estate
stays action on any informal application then pending or thereafter filed.
(2)If a will has been previously probated in informal proceedings, the effect
of the filing of a petition for supervised administration is as provided for formal
testacy proceedings by section 15-12-401.
(3)After he has received notice of the filing of a petition for supervised
administration, a personal representative who has been appointed previously shall
not exercise his power to distribute any estate. The filing of the petition does not
affect his other powers and duties unless the court restricts the exercise of any of
them pending full hearing on the petition.
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Legislative History
Source: L. 73: R&RE, p. 1579, � 1. C.R.S. 1963: � 153-3-503.
Nearby Sections
15
§ 15-1-1001
Legislative declaration§ 15-1-1006
References to Internal Revenue Code of 1954§ 15-1-1007
Application of part 10§ 15-1-101
Short title§ 15-1-102
Legislative declaration§ 15-1-103
Definitions§ 15-1-104
Prior transactions§ 15-1-105
Application of payments to fiduciary§ 15-1-109
Deposit in name of fiduciary