Q&As

Can personal representatives sell loan notes in an estate during the administration period?

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Published on LexisPSL on 26/11/2020

The following Wills & Probate Q&A provides comprehensive and up to date legal information covering:

  • Can personal representatives sell loan notes in an estate during the administration period?

Can personal representatives sell loan notes in an estate during the administration period?

Loan notes are often subject to specific transfer restrictions so the Personal Representatives (PRs) would first need to review the relevant terms and conditions of the loan note instrument under which the loan notes were issued and then ensure compliance with such provisions.

Subject to any restrictions on transfer in the

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