524.4-206 POWER OF REPRESENTATIVES IN TRANSITION.
The power of a domiciliary foreign personal representative under section
524.4-201 or
524.4-205 shall be exercised only if there is no administration or application therefor pending
in this state. Any application or petition for local administration of the estate terminates the
power of the foreign personal representative to act under sections
524.4-201 and
524.4-205,
but the local court may allow the foreign personal representative to exercise limited powers to
preserve the estate. No assets which have been removed from this state by the foreign personal
representative through exercise of powers under section
524.4-201 or
524.4-205 shall be subject
to subsequent local administration. No person who, before receiving actual notice of a pending
local administration, has changed position in reliance upon the powers of a foreign personal
representative or who is a distributee from the foreign personal representative shall be prejudiced
by reason of the application or petition for, or grant of, local administration. The local personal
representative is subject to all rights in others and all duties and obligations which have accrued by
virtue of the exercise of the powers by the foreign personal representative and may be substituted
for the foreign personal representative in any action or proceedings in this state.
History: 1974 c 442 art 4 s 524.4-206; 1975 c 347 s 76; 1986 c 444