§ 33-12-8. Public or private sale of assets.
Any sale of the assets of an estate by the executor or administrator shall be made at public auction, after reasonable notice of the sale, or by private sale under the advice and direction of the probate court, provided that this advice and direction shall not be required in the case of a sale at private sale by an executor or an administrator with the will annexed in the exercise of a power to sell at private sale conferred on him or her by the will. A private sale, unless authorized by the probate court or by the will, or a sale by auction improperly made, shall be deemed maladministration.
History of Section.C.P.A. 1905, § 1000; G.L. 1909, ch. 319, § 6; G.L. 1923, ch. 370, § 6; G.L. 1938, ch. 578, § 47; P.L. 1944, ch. 1419, § 1; G.L. 1956, § 33-12-8.
Structure Rhode Island General Laws
Title 33 - Probate Practice and Procedure
Chapter 33-12 - Payment of Decedents’ Debts and Charges
Section 33-12-1. - Estate chargeable with debts.
Section 33-12-2. - Order of application of property.
Section 33-12-3. - Expenses included in expenses of administration.
Section 33-12-4. - Sale or mortgage of real estate when personalty insufficient.
Section 33-12-5. - Real estate not devised applied first.
Section 33-12-6. - Sale of real estate to effect prompt settlement of estate.
Section 33-12-7. - Powers of temporary executors and administrators with will annexed over realty.
Section 33-12-8. - Public or private sale of assets.
Section 33-12-11. - Order of preference of debts.
Section 33-12-12. - Decrees for distribution of insolvent estates.
Section 33-12-13. - Disposition of assets of nonresident.
Section 33-12-16. - Residue of insolvent estate of nonresident after payment to citizens.