District of Columbia Statutes
§ 42-1403 — Proceeds of sale held by court and treated as real estate.
The proceeds of sale of said real estate shall be held under the control and subject to the order of the court, and shall be invested under its order and supervision upon real and personal security, and the same shall, to all intents and purposes, be deemed real estate and stand in the place of the real estate from the sale of which they are derived, and as such be subject to the limitations of the deed or will.
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District of Columbia § 42-1403 (Proceeds of sale held by court and treated as real estate.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Mar. 3, 1901, 31 Stat. 1205, ch. 854, § 99
Nearby Sections
15
§ 42-1001
“Power” defined.§ 42-1002
General power.§ 42-1003
Special power.§ 42-1004
Beneficial power.§ 42-1009
Right of grantor to reserve power.§ 42-1011
General powers in trust.§ 42-1012
Special powers in trust.