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Civil Act — Article 1040 (Property jointly inherited and appointment of administrator thereof)

민법 제1040조

(1) Where there exist two or more inheritors, the court shall, upon the request of each inheritor or interested person, appoint an administrator of the inherited property among the co-inheritors.

(2) The administrator appointed by the court shall have the right and duty to perform all acts relating to management of the inherited property and perform obligations on behalf of the co-inheritors.

(3) The provisions of Articles 1022 and 1032 through 1039 shall apply mutatis mutandis to the administrator mentioned in paragraph (2); provided, the period of five days of public notice to be given in accordance with the provisions of Article 1032 shall be calculated from the day on which an administrator became aware of his appointment.

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