59-2242. Sale of personal property; limitations. A petition for the sale of personal property of a decedent may be heard with or without notice. The order of sale shall describe the property, and direct whether it shall be sold at private sale or public auction. No sale of personal property shall be made at private sale for less than three-fourths of the valuation pursuant to K.S.A. 59-1201, or in the event of appraisement, for no less than three-fourths of the appraised value so determined pursuant to K.S.A. 59-1202.
History: L. 1939, ch. 180, § 218; L. 1976, ch. 245, § 11; L. 1978, ch. 220, § 1; July 1.
Source or prior law:
22-603.
CASE ANNOTATIONS
1. Cited; liability of surety on administrator's bond for assets converted before issuing bond or appointment of administrator examined. Martin v. Hanschu, 241 Kan. 521, 522, 738 P.2d 96 (1987).
2. Buyer of estate personalty from administrator without authority to sell does not obtain clean title. In re Estate of Ostrander, 21 Kan. App. 2d 972, 974, 910 P.2d 865 (1996).
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