Sec. 14. Subject to his primary duty to preserve the estate for prompt distribution, and to the terms of the will, if any, the personal representative may with the approval of the court whenever it is reasonable to do so, invest the funds of the estate and make then productive. Such investments shall be restricted to the kinds of investments permitted to trustees by the laws of this state.
Formerly: Acts 1953, c.112, s.1314.
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