Section 564:19 Filing Account.
Every trustee shall file in the probate court an annual account of administration, unless upon petition he is excused by the judge of probate; but in no event shall he be excused for a period longer than three years, except that in cases where such filing may be impractical and may work financial hardship to the trust estate the judge of probate upon written approval of the attorney general may extend said period not exceeding in the aggregate five years. Such annual account of administration provided for herein may be allowed by the judge of probate without publication unless he shall otherwise order. Before giving notice to settle a final account the trustee shall file it in the probate office and shall cause the fact of such filing to appear in the notice and shall at the same time file a statement of the names and residences of the beneficiaries in the trust estate.
Source. 1881, 59:1. PS 198:12. PL 309:18. RL 363:18. 1947, 264:4. 1949, 40:1, eff. March 3, 1949.