Indiana § 29-1-16-8 Approval or disapproval; appeals; relief from liability

Indiana Statutes

§ 29-1-16-8 — Approval or disapproval; appeals; relief from liability

Indiana·Art. 1 PROBATE CODE·Ch. 16 Accounting

Upon the approval of the account of a personal
representative, the personal representative and his sureties shall,
subject to the right of appeal and to the power of the court to vacate its
final orders, be relieved from liability for the administration of his trust
during the accounting period, including the investment of the assets of
the estate. The court may disapprove the account in whole or in part
and surcharge the personal representative for any loss caused by any
breach of duty.
Formerly: Acts 1953, c.112, s.1608.

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Upon the approval of the account of a personal
representative, the personal representative and his sureties shall,
subject to the right of appeal and to the power of the court to vacate its
final orders, be relieved from liability for the administration of his trust
during the accounting period, including the investment of the assets of
the estate. The court may disapprove the account in whole or in part
and surcharge the personal representative for any loss caused by any
breach of duty.
Formerly: Acts 1953, c.112, s.1608.

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