Indiana § 29-1-13-14 Investment of funds

Indiana Statutes

§ 29-1-13-14 — Investment of funds

Indiana·Art. 1 PROBATE CODE·Ch. 13 Collection and Management of Assets

Subject to his primary duty to preserve the
estate for prompt distribution, and to the terms of the will, if any, the
personal representative may with the approval of the court whenever
it is reasonable to do so, invest the funds of the estate and make then
productive. Such investments shall be restricted to the kinds of
investments permitted to trustees by the laws of this state.
Formerly: Acts 1953, c.112, s.1314.

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Subject to his primary duty to preserve the
estate for prompt distribution, and to the terms of the will, if any, the
personal representative may with the approval of the court whenever
it is reasonable to do so, invest the funds of the estate and make then
productive. Such investments shall be restricted to the kinds of
investments permitted to trustees by the laws of this state.
Formerly: Acts 1953, c.112, s.1314.

Indiana § 29-1-13-14 (Investment of funds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.