Sec. 5. After assets of an estate have been distributed, and subject to section 7 of this chapter, an undischarged claim not barred may be prosecuted in a proceeding against one (1) or more distributees. No distributee is liable to claimants for amounts in excess of the value of his distribution as of the time of distribution. As between distributees, each shall bear the cost of satisfaction of unbarred claims as if the claim had been satisfied in the course of administration. Any distributee who fails to notify other distributees of the demand made upon him by the claimant in sufficient time to permit them to join in any proceeding in which the claim was asserted against him loses his right of contribution against other distributees.
Formerly: Acts 1975, P.L.288, SEC.11. As amended by P.L.1-1993, SEC.213.
Structure Indiana Code
29-1-7.5-0.1. Application of Certain Amendments to Chapter
29-1-7.5-1. Persons Entitled to Petition; Notice to Creditors
29-1-7.5-1.5. Notice to Distributees
29-1-7.5-2. Conditions to Grant of Petition; Collateral Attack; Revocation
29-1-7.5-2.5. Personal Representative's Bond
29-1-7.5-3. Powers of Personal Representative to Act Without Order of Court
29-1-7.5-3.4. Distribution of Real Property
29-1-7.5-3.6. Conveyance of Real Property
29-1-7.5-3.8. Prompt Closing of Estates
29-1-7.5-4. Closing Estate; Procedures; Termination of Appointment of Personal Representative
29-1-7.5-4.5. Uncontested Closing Statements; Audits and Inquiries
29-1-7.5-5. Undischarged Claims; Actions Against Distributees; Contribution
29-1-7.5-6. Claims Against Personal Representatives; Limitation
29-1-7.5-7. Claims Against Distributees; Limitation
29-1-7.5-8. Subsequently Discovered Estate; Appointment of Personal Representative