379.170 Circuit court has jurisdiction of action for settlement of estate.

236 words·~1 min read·/ky/chapter-379/379-170

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)The provisions of KRS 379.010 to 379.160 shall not prevent an action to settle an

estate by the assignee, or by any creditor or creditors representing one-fourth (1/4)

of the liabilities, from being brought in the Circuit Court. When an action involving

a settlement of the estate is brought in the Circuit Court of the county in which the

assignment was made, the jurisdiction of the District Court shall cease, and all

papers relating to the estate filed in the District Court shall be transferred by the

clerk of the Circuit Court to the files of the Circuit Court. The Circuit Court may

exercise any power conferred on the District Court by KRS 379.010 to 379.160 in

administering and settling the assigned estate.

(2)The assignee may sell the personal and real property belonging to the assigned

estate, at public or private sale, and convey and pass all the right and title to the

same which the grantor had in the deed of assignment at its date. The assignee shall,

within ten

(10)days after the sale, report the sale to the Circuit Court in which the

suit for settlement of the estate is pending. The report shall thereupon be laid over

ten

(10)days for exceptions, and if no exceptions are filed within that time the

report shall thereupon be confirmed. If exceptions are filed, they shall be heard and

determined by the court.