If it is made to appear to the court that the gross value of the estate, after deducting any encumbrances, does not exceed $300,000, the court may, if deemed advisable considering the nature, character and obligations of the estate, enter an order for a summary administration of the estate.
[Part 308:107:1941; 1931 NCL § 9882.308] — (NRS A 1965, 172; 1973, 431; 1975, 1770; 1983, 294; 1997, 1487; 1999, 2302; 2007, 896; 2015, 789)