If, upon the hearing, the Court of Chancery shall be satisfied that the estate or any part thereof may then be distributed, the Court shall make a decree determining the distribution of the estate then available for distribution to the person or persons who are by law entitled to the same. If it appears that a portion of the estate may then be distributed and the balance of the estate should be reserved for contingent liabilities against the estate, such decree may, if the Court deems proper, determine the distribution of such balance if and to the extent that the same may thereafter become available for distribution.

Code 1915, § ?3403(a); 38 Del. Laws, c. 184, § ?1; Code 1935, § ?3867; 42 Del. Laws, c. 143, § ?1; 12 Del. C. 1953, § ?2335; 59 Del. Laws, c. 384, § ?1;

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Terms Used In Delaware Code Title 12 Sec. 2335

  • Court: means the Court of Chancery. See Delaware Code Title 12 Sec. 39A-101
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.