☰ Revisor of Missouri


Chapter 473

< > Effective - 28 Aug 1971    bottom

  473.550.  Interest to be accounted for. — All interest received by executors or administrators on debts due to the decedent are assets in their hands.  They shall not use the money of the decedent for their own private purposes.  If they do so, they shall be liable to the estate for interest and any loss of principal.  The deposit pursuant to section 473.337 of funds of the estate in the banking department of a banking institution which is the sole or joint executor or administrator may, however, be made in all cases in which such deposit would have been proper if such banking institution were not an executor or administrator of the estate.  The court, at each settlement, shall exercise an equitable control in making executors and administrators account for interest, and for that purpose may take testimony or examine the executor or administrator on oath.


(RSMo 1939 §§ 222, 223, A.L. 1955 p. 385 § 196, A.L. 1971 S.B. 163)

Prior revisions: 1929 §§ 223, 224; 1919 §§ 222, 223; 1909 §§ 231, 232

---- end of effective  28 Aug 1971 ----

use this link to bookmark section  473.550

Click here for the Reorganization Act of 1974 - or - Concurrent Resolutions Having Force & Effect of Law
In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions End Report

Site changes Pictures Contact

Other Links
Legislative Research Oversight MOLIS
Library MO WebMasters
Missouri Senate
State of Missouri
Missouri House