Allowable defenses; action originating in lifetime of decedent. Survival of action. Service of notice, writ, or process. Action against removed personal administrator. Applicability of provisions relating to sureties on guardians’ or conservators’ bonds. Joint and several liability of personal representative and sureties. Liability on common bond of two or more personal representatives. Liability of sureties on bond of removed personal representative. Action on bond for failure to settle and account with heir or beneficiary. Action on bond upon liability of decedent and return of execution marked nulla bona. Against what property judgment levied. Levy upon property; entering of judgment and issuance of execution. Property upon which execution levied. Filing and contents. Making of inventory jointly by all personal representatives; proof of joint possession of assets. Waiver of right to receive; relieving personal representative of duty to make. Power of testator to dispense with making inventory. Failure to return a correct inventory. Article 4 Claims Against or In Favor of Estate 53-7-40. 53-7-41. 53-7-42. 562 Liability of estate; priority of claims. Notice for creditors to render accounts; notification of creditors’ claims; requirement of reasonable additional proof or accounting; failure of creditors to give notice of claims. Time for payment of debts; time for commencing action to recover debt. T.53, C.7 Sec. 53-7-43. 53-7-44. 53-7-45. ADMINISTRATION OF ESTATES GENERALLY Compelling heirs or beneficiaries to contribute to payment of debt. Satisfaction of debts. Compromise of claims. Sec. 53-7-65. 53-7-66. T.53, C.7 Recordation of final receipts; admission in evidence. Refunding bonds. PART 2 ANNUAL RETURNS AND INTERMEDIATE REPORTS Article 5 Discharge and Resignation Jurisdiction. Filing of petition upon termination of personal representative. Appearance before court; failure of personal representative to appear; right to appeal. Making and enforcing final settlement. Accounting for income on property administered. Required annual filing; reporting period. 53-7-68. Mailing of return to heirs and beneficiaries; relieving personal representative of duty to file return. 53-7-69. Power of testator to dispense with necessity of return. 53-7-69.1. Annual statement of receipts and disbursements. 53-7-70. Examination and recordation of returns and vouchers; evidentiary effect. 53-7-71. Return of nonresident or deceased personal representative.