64.1-174 - When court to order payment of debts. - Virginia Statutes

§ 64.1-174. When court to order payment of debts.

When a report of the accounts of any personal representative and of the debtsand demands against the decedent's estate shall be confirmed as provided inChapter 2 (§ 26-8 et seq.) of Title 26, the court shall order to be appliedto the payment of such debts and demands so much of the estate in the handsof such representative, and to such creditors, as shall appear proper,reserving, when it seems to the court reasonable to do so to meet a claim ofa surety for the decedent or any other contingent claim against the estate,the proof of which has to be deferred, or to meet any other claim not finallypassed upon, such sum as it may deem sufficient to pay it or a proportionthereof equal to what is ordered to be paid to other creditors of the sameclass should the payment of it or such proportion afterwards appear proper.

(Code 1950, § 64-164; 1968, c. 656.)