A person managing a deceased person's estate is allowed to put the estate's money into a bank account in Missouri without needing a judge's permission. The money can go into a checking, savings, or time deposit account, as long as it makes sense for how the estate is being handled.
473.337. Bank . — Whenever it is consistent with proper , the or may, without an , , as a , the funds of the in a banking institution in this state as a and either as a , time or savings deposit.
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Source & history notes
(L. 1955 p. 385 § 127, A.L. 1957 p. 829)
Related Missouri laws
Discovery of assets, procedure for
RSMo 473.340
Investment of liquid assets
RSMo 473.333
Conveyances, how made
RSMo 473.330
Procedure in case of sale of school lands
RSMo 473.327
Interest relinquished to vendor, when
RSMo 473.323
Interest may be sold, when
RSMo 473.320
Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.