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

Indiana Statutes

§ 29-1-13-14 — Investment of funds

Indiana § 29-1-13-14

Art. 1PROBATE CODE

Ch. 13Collection and Management of Assets

This text of Indiana § 29-1-13-14 (Investment of funds) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 29-1-13-14 (2026).

Text

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.