59-1409. Lease of property.
59-1409
59-1409. Lease of property.The executor or administrator may lease real estate in his or her possessionfor a term of not more than one year. The executor or administrator, togetherwith the heirs and devisees having an interest therein, may lease such realestate for a term longer than one year, and they may execute an oil andgas or other mineral lease for such real estate. The income from any lease,by whatever name called, shall be received by the executor or administratoras income from such property.
History: L. 1939, ch. 180, § 107; July 1.