Probate fund; use

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14-5433. Probate fund; use

A. The presiding judge of the superior court in each county may establish a probate fund consisting of monies received pursuant to sections 14-3722, 14-5314 and 14-5414.

B. Each month the clerk of the court shall transmit all monies collected pursuant to sections 14-3722, 14-5314 and 14-5414 to the county treasurer for deposit in the probate fund.

C. The presiding judge of the superior court shall administer or spend monies in the fund to preserve, audit and safeguard the estates and wards for whom the court has a fiduciary responsibility.

D. On notice from the superior court the county treasurer shall invest and divest monies in the probate fund, and monies earned from investment shall be credited to the fund.

E. Fund monies supplement and do not supplant local funding that otherwise is made available for probate services.


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