§ 5-704

(a) After filing an election for modified administration, the personal representative shall:

(1) File a verified final report under modified administration no later than 10 months from the date of appointment instead of filing a formal inventory and account; and

(2) On the request of any interested person, provide a formal inventory and account, as required under Title 7 of this article, to all interested persons.

(b) If the personal representative discovers property of the decedent after the time for filing a verified final report required by subsection (a) of this section, the personal representative shall:

(1) File a verified final report under modified administration with respect to the after–discovered property within 60 days of the discovery of the property; and

(2) Make final distribution of the after–discovered property within 90 days of the discovery of the property.