59-1303. Secured demands.

59-1303

Chapter 59.--PROBATE CODE Article 13.--CLASSIFICATION AND PAYMENT OF DEMANDS

      59-1303.   Secured demands.When a claimant holds any security for his or her demand, it may be allowed,conditioned upon the claimant surrendering the security or upon theclaimant exhausting the security; it shall be allowed for the full amountfound to be due if the security has been surrendered, or for any remainingamount found to be due if the security has been exhausted.

      History:   L. 1939, ch. 180, § 97; July 1.