Kansas Statutes
§ 59-1304 — Encumbered assets
When any assets of the estate are encumbered by mortgage, pledge, or otherwise, the executor or administrator may pay such encumbrance or any part thereof, whether or not the holder of the encumbrance has exhibited his or her demand, if it appears to be for the best interest of the estate and if the court shall have so ordered. No such payment shall increase the share of the devisee, legatee, or heir entitled to receive such encumbered assets, unless otherwise provided in the will.
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Legislative History
L. 1939, ch. 180, § 98; July 1.
Nearby Sections
15
§ 59-1001
Management; bond§ 59-1002
When administrator takes charge§ 59-1004
Sale of assets§ 59-101
Name of act§ 59-102
Definitions§ 59-104
Docket fee; authorized only by legislative enactment; poverty affidavit; additional court costs§ 59-1101
Bond requirements and conditions§ 59-1102
Approval and prosecution§ 59-1103
Joint or separate bonds