Legal representative liability: estate obligations and continuation of disgorgement or recovery proceedings against successors. The legal representative of a deceased person is liable to pay sums the deceased would have owed, with penalty liability only if imposed before death. Disgorgement, refund and recovery proceedings (excluding penalty) pending at death continue against, or may be initiated against, the legal representative with statutory provisions applying. Personal liability arises if the representative charges, disposes of, or parts with estate assets while liability remains, limited to the value of the asset; overall liability is limited to the estate's capacity. 'Legal representative' includes intermeddlers and those representing the estate.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Legal representative liability: estate obligations and continuation of disgorgement or recovery proceedings against successors.
The legal representative of a deceased person is liable to pay sums the deceased would have owed, with penalty liability only if imposed before death. Disgorgement, refund and recovery proceedings (excluding penalty) pending at death continue against, or may be initiated against, the legal representative with statutory provisions applying. Personal liability arises if the representative charges, disposes of, or parts with estate assets while liability remains, limited to the value of the asset; overall liability is limited to the estate's capacity. "Legal representative" includes intermeddlers and those representing the estate.
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