Section 102 — Companies Act 1993: Liability of personal representative

102 Liability of personal representative (1) The liability of the personal representative of the estate of a deceased person, who is registered as the holder of a share comprised in the estate, does not, in respect of that share, exceed the proportional amount available from the assets of the estate, after satisfaction of prior claims, for distribution among creditors of the estate, being assets which, at the time when any demand is made for the satisfaction of the liability, are held by that personal representative on the same trusts as apply to that share. (2) For the purposes of this section, trust extends to the duties of a personal representative.