§560:3-504 - Supervised administration; powers of personal representative.
§560:3-504 Supervised
administration; powers of personal representative. Unless restricted by
the court, a supervised personal representative has, without interim orders
approving exercise of a power, all powers of personal representatives under
this chapter, but the personal representative shall not exercise the personal
representative's power to make any distribution of the estate without prior
order of the court. Any other restriction on the power of a personal
representative which may be ordered by the court must be endorsed on the
personal representative's letters of appointment and, unless so endorsed, is
ineffective as to persons dealing in good faith with the personal
representative. [L 1996, c 288, pt of §1]