§ 33-18-29 — § 33-18-29. Deposit of unclaimed funds in court — Payment by court.

§ 33-18-29. Deposit of unclaimed funds in court — Payment by court.

If money, which a decree of a probate court has ordered to be paid over, remains for six (6) months unclaimed, the executor, administrator, or guardian who was ordered to pay over the money may deposit it in the registry of the probate court to accumulate for the benefit of the person entitled to the money. The person making the deposit shall take the receipt of the probate court for the money, and then shall be discharged from all liability as to the money. When the person entitled to the money deposited satisfies the probate court of his or her right to receive the same, the court shall cause it to be paid over and transferred to him or her, with all accumulations of money.

Legislative History

C.P.A. 1905, § 1009; G.L. 1909, ch. 319, § 15; G.L. 1923, ch. 370, § 15; G.L. 1938, ch. 579, § 31; G.L. 1956, § 33-18-29.