Deposit of money or assets; withdrawal
Sec. 2. It shall be lawful for the personal representative to agree
with his surety for the deposit of any or all money and other assets
of the estate with a bank, safe deposit or trust company, authorized
by law to do business as such, or other depository approved by the
court, if such deposit is otherwise proper, in such manner as to
prevent the withdrawal of such moneys or other assets without the
written consent of the surety, or on order of the court made on such
notice to the surety as the court may direct.
(Formerly: Acts 1953, c.112, s.1102.)
Last modified: May 27, 2006