§ 33-18-23 - Bona fide transfer of property to executor, administrator, or guardian. - Rhode Island Statutes

SECTION 33-18-23

   § 33-18-23  Bona fide transfer of propertyto executor, administrator, or guardian. – All persons making or permitting to be made any payment or transfer bona fideupon any official certificate of appointment of any executor, administrator, orguardian, issued by the probate court in respect of the estate of any deceasedperson or ward, shall be justified and held harmless in so doing,notwithstanding any defect or circumstance whatsoever affecting the validity ofthe appointment; provided, that the transfer of personal property, stock, orrights of action is not made within forty (40) days from an order or decreegranting letters testamentary, of administration, or of guardianship, nor whilean appeal is pending from an order or decree.