All uncontested claims and all contested claims that have been finally adjudged and allowed shall be paid by the personal representative as soon as practicable (not in any event to exceed ninety (90) days) after the expiration of the date on which the personal representative could file an exception to the claim pursuant to § 30-2-314(a), if, after having segregated sufficient assets to meet the contingent liabilities referred to in § 30-2-317, adequate assets are in the personal representative's hands for this purpose, payment being made according to the classification of the claims.
Structure 2021 Tennessee Code
Title 30 - Administration of Estates
Chapter 2 - Management, Settlement and Distribution
Part 3 - Inventory and Management
§ 30-2-301. Making Inventory — Return — Notice to Beneficiaries
§ 30-2-302. Recording of Inventory
§ 30-2-303. Sale of Decedent's Effects
§ 30-2-305. Debts Chargeable Against All Assets
§ 30-2-306. Notice to Creditors of Qualification of Personal Representative
§ 30-2-308. Triplicate Copies of Pleadings as Claims
§ 30-2-309. Statute of Limitations Arrested by Filing Claim
§ 30-2-311. Waiver of Filing Small Claims — Payment
§ 30-2-312. Entry of Claim by Clerk — Fees — Notice
§ 30-2-316. Judgment on Claims Where No Exceptions Filed
§ 30-2-317. Priority of Claims — Payment — Contested or Unmatured Claims
§ 30-2-318. Payment of Claims Prior to Time Fixed for Payment
§ 30-2-319. Time for Payment of Claims
§ 30-2-320. Pending Actions Considered Legally Filed Demands — Manner of Revival