Sec. 13. If at the time of death the decedent was obligated by the terms of any contract to further performance under the contract, the decedent's 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 of the contract.
Ind. Code § 29-1-13-13
Contracts; performance by personal representative
Known as the Probate Code
The act spans §§ 29-1-10-0.1 to 29-1-9-3 (324 sections).
Applied in 1 court decision — leading case Inlow v. Ernst & Young, LLP (2002)
Most recently applied in Inlow v. Ernst & Young, LLP (July 2002)
Formerly: Acts 1953, c.112, s.1313
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.