472.335. Power of court to confirm and validate acts--acts included. - Missouri Statutes

Power of court to confirm and validate acts--acts included.

472.335. The power of the court to approve, ratify, confirm andvalidate acts or transactions entered into by a personal representative ofthe estate without court authorization includes, without limitation,retention of real or personal property, compromises of claims by andagainst the estate, purchases, sales, mortgages, exchanges, abandonment,leases of any duration, improvements, contracts to improve, contracts tosell, contracts to purchase, and contracts to exchange and grants ofoptions, easements, profits or other rights with respect to land or otherproperty. It also includes, without limitation, payment of a mortgageindebtedness on the real estate of the decedent out of the personal estateand purchase of real estate at a sale made under a mortgage, deed of trust,vendor's lien or other lien held by the decedent.

(L. 1993 S.B. 88 § 3, A.L. 2009 H.B. 239)