§ 29-1-11-2 — Deposit of money or assets; withdrawal

It shall be lawful for the personal
representative to agree with his surety for the deposit of any or all
money and other assets of the estate with a bank, safe deposit or trust
company, authorized by law to do business as such, or other depository
approved by the court, if such deposit is otherwise proper, in such
manner as to prevent the withdrawal of such moneys or other assets
without the written consent of the surety, or on order of the court made
on such notice to the surety as the court may direct.
Formerly: Acts 1953, c.112, s.1102.