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Co-executor

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Co-executor: One of two or more people designated to administer someone's estate; joint executor.
Collateral: Property pledged to a creditor to secure a debt.

 


CO-EXECUTOR. One who is executor of a will in company with another. In general each co-executor has the full power over the personal estate of the testator, that all the executors have jointly. Vide Joint Executors.

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which relate either to the delivery, gift, sale, payment, possession or release of the testator's goods, are deemed, as regards the persons with whom they contract, the acts of all. But an executor cannot, without the knowledge of his co-executor, ...

See also: Executor, Person, Contra, Estate, Reference

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