Civil Code (Cap. 16)

Civil Code (Cap. 16), article 895

Official PDF on legislation.mt

895. (1) The heir who enters upon inventory, shall, upon the demand of any creditor or other person interested give sufficie nt security for the value of the movable property included in the inventory, for the fruits of the immovable property, and for an y balance of the proceeds of the sale of the immovable property which may remain after satisfying the claims of the creditors o f the inheritance. (2) Where the heir fails to give such security, the court shall give such directions as it may deem proper in order to safeguar d the rights of the interested parties. Payment to certain creditors before legatees.

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Text read from the consolidated PDF published by Legislation Malta. Tables, figures and marginal notes may be incomplete or out of place: the official PDF is authoritative. General information, not legal, tax or accounting advice.