2025 Session Last amended: 1986 session

§ 524.3-1007 — Certificate Discharging Liens Securing Fiduciary Performance

Plain-Language Summary

This section addresses how estate proceedings are handled when the estate is closed but new property of the deceased is later discovered.

524.3-1007 CERTIFICATE DISCHARGING LIENS SECURING FIDUCIARY PERFORMANCE.

After the appointment has terminated, the personal representative, the personal representative’s sureties, or any successor of either, upon the filing of an application showing, so far as is known by the applicant, that no action concerning the estate is pending in any court, is entitled to receive a certificate from the registrar that the personal representative appears to have fully administered the estate in question. The certificate evidences discharge of any lien on any property given to secure the obligation of the personal representative in lieu of bond or any surety, but does not preclude action against the personal representative or the surety.

History:

1974 c 442 art 3 s 524.3-1007; 1976 c 161 s 12; 1986 c 444

History: History: 1974 c 442 art 3 s 524.3-1007; 1976 c 161 s 12; 1986 c 444

Practical Notes

If estate property is discovered after the estate is closed, the court can reopen the estate or appoint a new personal representative to handle the newly discovered assets.

Source: Minnesota Office of the Revisor of Statutes