Section 16-3108 - Ordering investment of funds; revocation of letters for noncompliance

Ordering investment of funds; revocation of letters for noncompliance

The Probate Court may order a personal representative, special administrator, or guardian, whom it has appointed, to bring into court or invest in securities, to be approved by the court, any funds received by the personal representative, special administrator, or guardian. If the party does not, within a reasonable time, to be fixed by the court, comply with the order, the court may revoke his letters.

CREDIT(S)

(Dec. 23, 1963, 77 Stat. 600, Pub. L. 88-241, § 1; Sept. 6, 1980, D.C. Law 3-85, § 5(b), 27 DCR 2900.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications
1981 Ed., § 16-3108.
1973 Ed., § 16-3108.
Legislative History of Laws
For legislative history of D.C. Law 3-85, see Historical and Statutory Notes following § 16-3102.

Current through September 13, 2012