Whenever money is directed to be paid into the registry of the probate court, the court shall forthwith deposit the money in one of the institutions for savings or in one of the trust companies of this state. This deposit shall be made in the name of the probate court and shall be subject to the order of the court.

History of Section.
C.P.A. 1905, § 780; G.L. 1909, ch. 309, § 17; G.L. 1923, ch. 360, § 17; G.L. 1938, ch. 571, § 19.