Proof of insufficient other property to satisfy debts and obligations--Presumption.

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29A-6-422. Proof of insufficient other property to satisfy debts and obligations--Presumption.

In any action instituted by a creditor or personal representative of a deceased transferor, as specified in §29A-6-421, the person instituting the action shall allege and prove that there is not sufficient other property standing in the name of the deceased transferor at the time of transferor's death which is subject to and sufficient to pay said debts and obligations; provided that, if no petition is filed in court to probate the deceased transferor's estate within thirty days from the date of transferor's death, there is a presumption of evidence that the property standing in the name of the decedent at the time of transferor's death is insufficient to pay transferor's debts and obligations.

Source: SL 2014, ch 133, §22.


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