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2001 SESSION

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HB 2068 Estates; statement in lieu of settlement of accounts.

Introduced by: William J. Howell | all patrons    ...    notes | add to my profiles

SUMMARY AS PASSED: (all summaries)

Statement in lieu. Revises provisions that allow personal representatives to file a statement in lieu of settlement of accounts in certain circumstances. The bill adds a requirement that six months must have elapsed since the personal representatives qualified. If the statement in lieu is not filed within the prescribed time the written notice must explain why the statement cannot presently be filed. If the commissioner of accounts determines that the reasons for not filing are not sufficient, the commissioner may require an interim account to be filed. This bill is a recommendation of the Judicial Council, acting on the recommendation of its Standing Committee on Commissioners of Accounts.


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