Rule 7.651 - Description of property in petition for distribution(a) Property descriptionA petition for distribution must list and describe in detail the property to be distributed, in the body of the petition or in an attachment that is incorporated in the petition by reference. If an account is filed with the petition, the description must be included in a schedule in the account.
(b) Specific description requirementsThe description under (a) must:
(1) Include the amount of cash on hand;(2) Indicate whether promissory notes are secured or unsecured, and describe in detail the security interest of any secured notes;(3) Include the complete legal description, street address (if any), and assessor's parcel number (if any) of real property; and(4) Include the complete description of each individual security held in "street name" in security brokers' accounts.Rule 7.651 amended effective 9/1/2023; adopted effective 1/1/2004.