Accounting; liabilities and penalties

K.S.A. 59-1005, under PARTNERSHIP ESTATES.

K.S.A. 59-1005

59-1005. Accounting; liabilities and penalties. The person executing the trust, whether surviving partner or executor or administrator, shall have the same duty to account and to have his or her account adjudicated as in the case of ordinary administration; and such person shall be subject to the same liabilities, remedies, and penalties with reference thereto as an ordinary administrator. History: L. 1939, ch. 180, § 80; July 1. Source or prior law: 22-401, 22-404, 22-405. Law Review and Bar Journal References: "Successor Corporations—Liability for Defects in Predecessor's Products—Stratton v. Garvey International, Inc.," Loren W. Moll, 33 K.L.R. 791, 806 (1985). CASE ANNOTATIONS 1. Cited in discussing proper method of administering partnership estate. evans v. Thornton, 159 Kan. 149, 155, 152 P.2d 853. 2. Probate court has original jurisdiction over partnership estates; equitable powers. In re Estate of Pratt, 164 Kan. 512, 516, 190 P.2d 872.