Rhode Island § 33-12-12 § 33-12-12. Decrees for distribution of insolvent estates.

Rhode Island Statutes

§ 33-12-12 — § 33-12-12. Decrees for distribution of insolvent estates.

Rhode Island·Title 33 Probate practice and procedure·Ch. 33-12 Payment of Decedentsâ€™ Debts and Charges

§ 33-12-12. Decrees for distribution of insolvent estates.
After the expiration of the time for claiming an appeal from the decree on the report
            of the commissioners on an insolvent estate, the probate court shall make a decree
            for the distribution of the estate among the creditors whose claims are allowed. If
            an appeal is claimed or if a suit is pending against the estate, the decree may be
            suspended until the determination of the appeal or suit, or a distribution may be
            ordered among the creditors whose claims are allowed, leaving in the hands of the
            executor or administrator an amount sufficient to pay claimants whose appeals or suits
           

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§ 33-12-12. Decrees for distribution of insolvent estates.

After the expiration of the time for claiming an appeal from the decree on the report of the commissioners on an insolvent estate, the probate court shall make a decree for the distribution of the estate among the creditors whose claims are allowed. If an appeal is claimed or if a suit is pending against the estate, the decree may be suspended until the determination of the appeal or suit, or a distribution may be ordered among the creditors whose claims are allowed, leaving in the hands of the executor or administrator an amount sufficient to pay claimants whose appeals or suits are pending a proportion equal to that of the other creditors. In case further assets shall come to the hands of the executor or administrator after the decree of distribution, the probate court shall make from time to time further decrees of distribution among the creditors.

Rhode Island § 33-12-12 (§ 33-12-12. Decrees for distribution of insolvent estates.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.