Section 3.20 Restricted Deposits and the Liability of the Depositary

LibraryEstate Administration 2014 Supp

D. (§3.20) Restricted Deposits and the Liability of the Depositary

An estate’s bond requirement may be reduced by deposit of assets at any time with a depositary that holds them in restricted custody under § 473.160.2, RSMo 2000. Section 473.207.4, RSMo 2000, extends all provisions of its first three subsections to a depositary that has executed a certification under § 473.160. There is no requirement in § 473.160 that a depositary execute a certification, but the reference may be to a certification made...

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