NORTH CAROLINA GENERAL ASSEMBLY

1963 SESSION

 

 

CHAPTER 168

HOUSE BILL 58

 

 

AN ACT RELATING TO THE ADMINISTRATION OF ESTATES, ALLOWING THE FILING OF FINAL ACCOUNT SIX MONTHS FROM THE DATE OF FIRST PUBLICATION OF NOTICE TO CREDITORS.

 

The General Assembly of North Carolina do enact:

 

Section 1.  Chapter 28 of the General Statutes is hereby amended by adding a new Section immediately following G.S. 28-47, to be designated as 28-47.1, and to read as follows:

"G.S. 28-47.1.  Filing of final account after six (6) months. Upon the satisfaction of all the requirements set forth in G.S. 28-47 and at the expiration of the six-month period referred to therein, the personal representative may, if all claims filed for outstanding debts and obligations of the decedent are met and satisfied, in case of a solvent estate, or satisfied pro rata according to applicable statutes, in case of an insolvent estate file his final account with the Clerk of Superior Court, said final account to be audited and recorded by the clerk; provided, however, this shall not limit the right of persons to file for an allowance under the provisions of North Carolina G.S. 30-15 and 30-17 within one (1) year."

Sec. 2.  All laws and clauses of laws in conflict with this Act are hereby repealed.

Sec. 3.  This Act shall be in full force and effect from and after its ratification.

In the General Assembly read three times and ratified, this the 9th day of April, 1963.