§ 28A-11-4. When collectors' powers cease; settlement of accounts.
§28A‑11‑4. When collectors' powers cease; settlement of accounts.
(a) When letterstestamentary or letters of administration are issued, or when in any case theclerk of superior court terminates the appointment of the collector, the powersof the collector cease.
(b) Upon thetermination of his appointment, the collector shall surrender to the personalrepresentative or to the person otherwise entitled thereto or to the clerk allassets of the estate under this control and shall file with the clerk a verifiedstatement of:
(1) His accounts sincehis qualification, or if he has previously filed an account, a statement of hisaccounts since the date thereof;
(2) The assets of theestate and their location;
(3) The debts andliabilities of the estate;
(4) All facts andcircumstances known to him the disclosure of which is necessary for a full andfair assessment of his conduct of the office; and
(5) All additional factsand circumstances known to him the disclosure of which is necessary for a fulland fair understanding of all matters concerning the estate.
(c) The clerk ofsuperior court shall examine the account of the collector and if he finds allof the accounts proper, he shall by order approve the account. (R.C.,c. 46, s. 7; C.C.P., s. 466; 1868‑9, c. 113, s. 115; Code, s. 1386; Rev.,s. 25; C.S., s. 27; 1973, c. 1329, s. 3.)