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§ 3388. Claims not certain to become due

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 20 Pa.C.S.A. Decedents, Estates and Fiduciaries

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 20 Pa.C.S.A. Decedents, Estates and Fiduciaries (Refs & Annos)
Chapter 33. Administration and Personal Representatives (Refs & Annos)
Subchapter E. Claims; Charges; Rights of Creditors (Refs & Annos)
20 Pa.C.S.A. § 3388
§ 3388. Claims not certain to become due
Upon satisfactory proof or admission of a claim which may or may not become due at a future time, the court may provide for payment by one of the following methods:
(1) Awarding the present value of the claim, as agreed to by the claimant and the personal representative.
(2) Ordering the personal representative to distribute the estate but to retain or pay into court sufficient assets to pay the claim, or a proportionate amount in case of insolvency, if and when it becomes absolute.
(3) Making such other provisions for the disposition or satisfaction of the claim as shall be equitable.

Credits

1972, June 30, P.L. 508, No. 164, § 2, eff. July 1, 1972.
20 Pa.C.S.A. § 3388, PA ST 20 Pa.C.S.A. § 3388
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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