Title 18-A: PROBATE CODE
Article 3: PROBATE OF WILLS AND ADMINISTRATION
Part 8: CREDITORS' CLAIMS
(a). If the applicable assets of the estate are insufficient to pay all claims in full, the personal representative shall make payment in the following order:
(1). Costs and expenses of administration; [1979, c. 540, §1 (NEW).]
(2). Reasonable funeral expenses; [1979, c. 540, §1 (NEW).]
(3). Debts and taxes with preference under federal law; [1979, c. 540, §1 (NEW).]
(4). Medicaid benefits recoverable under Title 22, section 14, subsection 2-I and reasonable and necessary medical and hospital expenses of the last illness of the decedent, including compensation of persons attending the decedent; [1993, c. 410, Pt. I, §1 (AMD).]
(5). Debts and taxes with preference under other laws of this State; [1979, c. 540, §1 (NEW).]
(6). All other claims. [1979, c. 540, §1 (NEW).]
[ 1993, c. 410, Pt. I, §1 (AMD) .]
(b). No preference shall be given in the payment of any claim over any other claim of the same class, and a claim due and payable shall not be entitled to a preference over claims not due.
[ 1979, c. 540, §1 (NEW) .]
SECTION HISTORY
1979, c. 540, §1 (NEW). 1989, c. 397, §1 (AMD). 1993, c. 410, §I1 (AMD).