§ 33-18-16 - Abandonment or adjustment of controversies.
SECTION 33-18-16
§ 33-18-16 Abandonment or adjustment ofcontroversies. – The probate court may authorize executors, administrators, guardians, andconservators to submit to arbitration, to abandon, or to adjust by compromise,or otherwise settle or dispose of, any claim in favor of or against, or anycontroversy or thing whatever relating to the estates by them represented,whether or not arising under, or involving the construction of, the provisionsof a will, trust deed or other instrument, and for any of these purposes toenter into, give, execute, make, and do such agreements, instruments, deeds,conveyances, assignments, settlements, payments, compositions, arrangements,court or other stipulations, releases, receipts, and other things as theprobate court shall by its order or decree approve or authorize.