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MS HB622
Bill
Status
Failed
2/2/2010
Primary Sponsor
Sherra Hillman Lane
Click for details
AI Summary
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Amends Mississippi Code sections 91-7-291, 91-7-295, and 91-7-297 to allow waiver of final estate accounting if all heirs, devisees, or legatees are at least 21 years old and all persons involved agree.
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Permits executors or administrators to skip the formal final accounting process and court approval when conditions for waiver are met.
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Maintains existing requirements for final accounting, including presentation under oath, statement of assets and disbursements, and legal vouchers, unless waived.
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Takes effect upon passage.
Legislative Description
Estates; hearing on final account may be waived if certain circumstances exist.
Last Action
Died In Committee
2/2/2010
Full Bill Text
No bill text available