2010 Pennsylvania Code
Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
Chapter 33 - Administration and Personal Representatives
3314 - Continuation of business.

     § 3314.  Continuation of business.
        The court, aided by the report of a master if necessary, may
     authorize the personal representative to continue any business
     of the estate for the benefit of the estate and in doing so the
     court, for cause shown, may disregard the provisions of the
     governing instrument, if any. The order may be with or without
     notice. If prior notice is not given to all parties in interest,
     it shall be given within five days after the order or within
     such extended time as the court, for cause shown, shall allow.
     Any party in interest may, at any time, petition the court to
     revoke or modify the order. The order may provide:
            (1)  for the conduct of business, by the personal
        representative alone or jointly with others, or, unless
        restricted by the terms of the governing instrument, as a
        corporation to be formed;
            (2)  the extent of the liability of the estate or any
        part thereof, or of the personal representative, for
        obligations incurred in the continuation of the business;
            (3)  whether liabilities incurred in the conduct of the
        business are to be chargeable solely to the part of the
        estate set aside for use in the business or to the estate as
        a whole;
            (4)  the period of time the business may be conducted;
        and
            (5)  such other regulations, including accountings, as
        the court shall deem advisable.

        Cross References.  Section 3314 is referred to in sections
     5144, 5521 of this title.

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