Ordering investment of funds; revocation of letters for noncompliance

Checkout our iOS App for a better way to browser and research.

The Probate Court may order a personal representative, special administrator, or guardian, whom it has appointed, to bring into court or invest in securities, to be approved by the court, any funds received by the personal representative, special administrator, or guardian. If the party does not, within a reasonable time, to be fixed by the court, comply with the order, the court may revoke his letters.

(Dec. 23, 1963, 77 Stat. 600, Pub. L. 88-241, § 1; Sept. 6, 1980, D.C. Law 3-85, § 5(b), 27 DCR 2900.)

Prior Codifications

1981 Ed., § 16-3108.

1973 Ed., § 16-3108.


Download our app to see the most-to-date content.