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26-56 - How securities transferred to successor.

§ 26-56. How securities transferred to successor.

When any securities for money loaned or invested shall be standing in thename of any fiduciary who shall have died, resigned or whose power shall havebeen revoked, and such fiduciary or his personal representative shall nothave transferred such securities to his successor, the court in which suchfiduciary shall have qualified, upon the petition of such successor, or ofany other person interested, may direct such securities to be transferred tosuch successor, or a receiver of such court or otherwise, and may direct thedividends, interest, or proceeds of such securities to be received or paid insuch manner as such court shall think proper.

(Code 1919, § 5432.)

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