California Probate Code

§ 10361

PROB § 10361 Effective Jan 1, 1997Div. 7 · Part 5 · Ch. 18 · Art. 8

Statute text

(a)If encumbered property is sold, the purchase money shall be applied in the following order:

(1)Expenses of administration which are reasonably related to the administration of the property sold as provided in paragraph (1) of subdivision (a) of Section 11420.

(2)The payment of the expenses of the sale.

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Legislative history

Amended by Stats. 1996, Ch. 862, Sec. 26. Effective January 1, 1997.