Kansas Statutes 59-2242. Sale of personal property; limitations
Current as of: 2023 | Check for updates
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Terms Used In Kansas Statutes 59-2242
- Decedent: A deceased person.
- Personal property: includes money, goods, chattels, evidences of debt and things in action, and digital assets as defined in the revised uniform fiduciary access to digital assets act, Kan. See Kansas Statutes 77-201
- Personal property: All property that is not real property.
- Property: includes personal and real property. See Kansas Statutes 77-201
A petition for the sale of personal property of a decedent may be heard with or without notice. The order of sale shall describe the property, and direct whether it shall be sold at private sale or public auction. No sale of personal property shall be made at private sale for less than three-fourths of the valuation pursuant to Kan. Stat. Ann. § 59-1201, or in the event of appraisement, for no less than three-fourths of the appraised value so determined pursuant to Kan. Stat. Ann. § 59-1202.