Contracts; performance by personal representative
Sec. 13. If at the time of his death the decedent was obligated by
the terms of any contract to further performance thereunder, his
personal representative may, if it appears feasible and in the best
interests of the estate, proceed to carry out the terms of such contract.
In the event that the performance of such contract shall necessitate
the expenditure of funds of the estate, or shall require the utilization
of assets other than property which is itself the subject matter of such
contract, such personal representative shall request and receive
instructions from the court regarding the performance thereof.
(Formerly: Acts 1953, c.112, s.1313.)
Last modified: May 27, 2006