North Carolina General Statutes 28A-9-3. Effect of revocation
Terms Used In North Carolina General Statutes 28A-9-3
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Collector: means any person authorized to take possession, custody, or control of the personal property of the decedent for the purpose of executing the duties outlined in N. See North Carolina General Statutes 28A-1-1
- Personal representative: includes both an executor and an administrator, but does not include a collector. See North Carolina General Statutes 28A-1-1
Upon entry of the order revoking a personal representative‘s or collector‘s letters, the authority of the personal representative or collector shall cease. The personal representative or collector shall surrender all assets of the estate under the control of the personal representative or collector to the personal representative’s or collector’s successor, or the remaining personal representative or collector or to the clerk of superior court; and shall file an accounting in the form prescribed by Article 21 of this Chapter. A personal representative or collector whose letters are revoked pursuant to N.C. Gen. Stat. § 28A-9-2(a)(1) or 28A-9-2(a)(2) shall not thereby incur personal liability for administrative acts performed prior to revocation except as provided in N.C. Gen. Stat. § 28A-13-10. (1973, c. 1329, s. 3; 2011-344, s. 4.)