§ 29-1-13-15 — Deposit of funds

Whenever it is consistent with a proper
administration of the estate, the personal representative may deposit,
as a fiduciary, the funds of the estate in a bank in this state as a general
deposit, either in a checking account or in a savings account. If the
personal representative is a bank or trust company, it may make such
deposit in its own bank.
Formerly: Acts 1953, c.112, s.1315.