§560:4-206 Power of representatives in transition. The power of a domiciliary foreign personal representative under section 560:4-201 or 560:4-205 shall be exercised only if there is no administration or application therefor pending in this State. An application or petition for local administration of the estate terminates the power of the foreign personal representative to act under section 560:4-205, but the local court may allow the foreign personal representative to exercise limited powers to preserve the estate. No person who, before receiving actual notice of a pending local administration, has changed the person's position in reliance upon the powers of a 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 duties and obligations which have accrued by virtue of the exercise of the powers by the foreign personal representative and may be substituted for that person in any action or proceedings in this State. [L 1996, c 288, pt of §1]
Section: Previous 560-3-1215 560-4-101-to-560-4-401 560-4-201 560-4-202 560-4-203 560-4-204 560-4-205 560-4-206 560-4-207 560-4-301 560-4-302 560-4-303 560-4-401 560-5-101 560-5-101-to-560-5-105 NextLast modified: October 27, 2016