HB 2043--
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HOUSE BILL No. 2043
By Committee on Judiciary
1-21
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AN ACT concerning probate; relating to valid settlement agreements; amending K.S.A. 59-102 and repealing the existing section. Be it enacted by the Legislature of the State of Kansas: Section 1. K.S.A. 59-102 is hereby amended to read as follows: 59- 102. As used in this act the Kansas probate code, unless the context oth- erwise indicates: (1) ``District court'' means judge of the district court when that mean- ing is necessary to effectuate the general purpose of the provisions of this act the Kansas probate code. (2) ``Personal representative'' includes executors, administrators, ad- ministrators with the will annexed, administrators de bonis non, conser- vators and guardians. (3) ``Fiduciary'' includes personal representatives, trustees and sur- viving partners administering their trusts. (4) ``Person,'' as applied to fiduciaries, includes banks and other cor- porations authorized by law to act in a fiduciary capacity in this state. (5) ``Simplified administration'' means administration under the Kan- sas simplified estates act contained in K.S.A. 59-3201 through 59-3206, and amendments thereto. (6) ``Supervised administration'' means administration by a personal representative under the Kansas probate code, exclusive of the Kansas simplified estates act, the Kansas informal administration act or refusal to grant letters of administrative procedures. (7) ``Informal administration'' means administration under the Kan- sas informal administration act. (8) ``Valid settlement agreement'' means a written and acknowledged instrument which affects the administration or distribution of the estate and which is entered into by all interested heirs, devisees and, legatees, and all other interested or affected persons whose interests are affected by the settlement agreement, all of whom must be competent or author- ized to enter into such agreement. (9) The masculine gender includes the feminine. (10) The singular number includes the plural. Sec. 2. K.S.A. 59-102 is hereby repealed. Sec. 3. This act shall take effect and be in force from and after its publication in the statute book.