Sec. 13. If at the time of death the decedent was obligated by the terms of any contract to further performance under the contract, the decedent's personal representative may, if it appears feasible and in the best interests of the estate, proceed to carry out the terms of such contract. In the event that the performance of such contract shall necessitate the expenditure of funds of the estate, or shall require the utilization of assets other than property which is itself the subject matter of such contract, such personal representative shall request and receive instructions from the court regarding the performance of the contract.
Formerly: Acts 1953, c.112, s.1313. As amended by P.L.136-2018, SEC.217.
Structure Indiana Code
Chapter 13. Collection and Management of Assets
29-1-13-1. Possession of Property; Duties of Personal Representative
29-1-13-1.5. Access to Safe Deposit Box; Duties of Financial Institutions
29-1-13-2. Preserving Estate; Action to Prevent Loss
29-1-13-3. Actions; Trespass; Waste; Costs; Examine Party
29-1-13-4. Fraudulent Conveyances; Recovery
29-1-13-5. Compromise; Debtor or Obligor
29-1-13-6. Real Estate Interest as Personal Assets; Proceeds From Sale of Real Estate
29-1-13-7. Mortgages; Release and Discharge
29-1-13-8. Valueless Property; Abandonment
29-1-13-9. Embezzlement; Conversion
29-1-13-10. Petitions; Concealment; Embezzlement; Conversion; Adverse Interest; Attachment
29-1-13-11. Business of Decedent; Continuing
29-1-13-12. Conveyance or Lease After Death of Decedent
29-1-13-13. Contracts; Performance by Personal Representative
29-1-13-14. Investment of Funds
29-1-13-17. Action to Enforce a Written Demand or Instruction From a Personal Representative