Sec. 45a-162. (Formerly Sec. 45-236). Sale of choses in action and other property.
185 words·~1 min read·
/ct/title-45a/chapter-801b-probate-court-procedures/45a-162·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Before the final settlement of any estate, the Court of Probate may order the sale of the credits and choses in action belonging to such estate, and may at any time order the sale of personal property, and in the case of an insolvent debtor's estate of all or any property, as it finds for the interest of the estate, in a manner and after notice which it judges reasonable. The court, in making orders for the sale of the property described in this section, may order it to be sold at public or private sale at the discretion of the person authorized to make the sale.
After a hearing the court may authorize that the property be sold to the fiduciary either directly or under the provisions of section 45a-163 , except that if a public sale is ordered, the fiduciary may be the purchaser only if the sale is made under section 45a-163 . In the case of any proposed sale to a fiduciary, any notice sent to interested parties and any public notice shall indicate that the fiduciary is the proposed purchaser.