Minnesota Session Laws - 1984, Regular Session

  

                         Laws of Minnesota 1984 

                        CHAPTER 438-S.F.No. 506 
           An act relating to probate; changing the time for 
          closing certain estates; amending Minnesota Statutes 
          1982, section 524.3-1003. 
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
    Section 1.  Minnesota Statutes 1982, section 524.3-1003, is 
amended to read: 
    524.3-1003 [CLOSING ESTATES; BY SWORN STATEMENT OF PERSONAL 
REPRESENTATIVE.] 
    (a) Unless prohibited by order of the court and except for 
estates being administered in supervised administration 
proceedings, a personal representative may close an estate by 
filing with the court no earlier than six four months after the 
date of original appointment of a general personal 
representative for the estate, a statement stating that he, or a 
prior personal representative whom he has succeeded, has or have:
    (1) published notice to creditors and that the first 
publication occurred more than six four months prior to the date 
of filing of the statement;  
    (2) fully administered the estate of the decedent by making 
payment, settlement or other disposition of all claims which 
were presented, expenses of administration and estate and other 
taxes, except as specified in the statement, and that the assets 
of the estate have been inventoried and distributed to the 
persons entitled.  If any claims, expenses or taxes remain 
undischarged, the statement shall state in detail other 
arrangements which have been made to accommodate outstanding 
liabilities; and 
    (3) prior to filing the statement, sent a copy thereof to 
all distributees of the estate and to all creditors or other 
claimants of whom he is aware whose claims are neither paid nor 
barred and has furnished a full account in writing of his 
administration to the distributees whose interests are affected 
thereby. 
    (b) If no proceedings involving the personal representative 
are pending in the court one year after the closing statement is 
filed, the appointment of the personal representative 
terminates.  Letters of appointment remain in full force until 
one year after the filing of the closing statement at which time 
the authority of the personal representative shall terminate. 
    Approved April 23, 1984