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Code · Indiana · TITLE 29. PROBATE · ARTICLE 1. PROBATE CODE · Chapter 16. Accounting

IC 29-1-16-8 Approval or disapproval; appeals; relief from liability

90 words·~1 min read·/in/title-29-probate/article-1-probate-code/chapter-16-accounting/29-1-16-8·

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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.
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