Sec. 8. Upon the approval of the account of a personal representative, the personal representative and his sureties shall, subject to the right of appeal and to the power of the court to vacate its final orders, be relieved from liability for the administration of his trust during the accounting period, including the investment of the assets of the estate. The court may disapprove the account in whole or in part and surcharge the personal representative for any loss caused by any breach of duty.
Formerly: Acts 1953, c.112, s.1608.
Structure Indiana Code
29-1-16-0.1. Application of Certain Amendments to Chapter
29-1-16-1. Personal Liability, Loss to Estate
29-1-16-2. Closing Estate; Final Account
29-1-16-3. Verified Account; Filing; Time
29-1-16-4. Schedules; Verification; Certified Public Accountant
29-1-16-5. Petition to Settle and Allow; Petition to Distribute
29-1-16-6. Hearing and Notice; Final Distribution; Unknown Heirs; Intermediate Account
29-1-16-7. Objections; Modification
29-1-16-8. Approval or Disapproval; Appeals; Relief From Liability
29-1-16-9. Death or Incompetency of Personal Representative; Out-of-State Residency
29-1-16-10. Noncompliance With Orders; Attachment; Imprisonment