Rhode Island H7283 allows estate administrators or executors to request decedent's funds from financial institutions without incurring additional.

Rhode Island H7283 amends the Collection and Management of Decedents’ Estates to allow a duly authorized administrator or executor of an estate to request all funds of the decedent on deposit with any financial institution without incurring any additional fees. The bill requires the administrator or executor to present proof of appointment and personal identification to the financial institution. The Department of Business Regulation retains the authority to impose penalties for violations of this section. The act takes effect upon passage.

Rhode Island H7283 allows estate administrators or executors to request decedent's funds from financial institutions without incurring additional.

Rhode Island H7283 amends the Collection and Management of Decedents’ Estates to allow a duly authorized administrator or executor of an estate to request all funds of the decedent on deposit with any financial institution without incurring any additional fees. The bill requires the administrator or executor to present proof of appointment and personal identification to the financial institution. The Department of Business Regulation retains the authority to impose penalties for violations of this section. The act takes effect upon passage.