§ 33-9-15 - Purposes for which borrowing authorized.
SECTION 33-9-15
§ 33-9-15 Purposes for which borrowingauthorized. – Borrowing may be authorized for any one or more of the following purposes:
(1) To discharge any existing lien or mortgage on the real orpersonal estate of the decedent;
(2) To pay the debts of the decedent;
(3) To pay the funeral expenses;
(4) To pay the charges of administration;
(5) To pay the estate, inheritance, legacy, or successiontaxes;
(6) To pay the expenses of supporting the decedent's familyas prescribed by law;
(7) To pay the legacies under the will; and
(8) For any other purpose whatsoever which the court mayapprove as necessary or desirable for the protection or benefit of the estate.