The judge of the civil court of peace officially administering the estate, or the person whom he has charged with the administration, shall be obliged, until the grounds for official administration cease to exist or until partition, to administer the estate with care as a good administrator in such a manner as not to cause the loss of the rights of the persons entitled, and in particular to perform the following tasks:
1. Drawing up the inventory of the estate, if not yet done,
2. Taking the necessary protective measures,
3. Selling assets of the estate where this is consistent with the interests of the heirs or the requirements of good administration,
4. Collecting the receivables of the deceased and paying his debts,
5. Executing, with the permission of the judge of the civil court of peace and the approval of the judge of the court of first instance, legacies found not to impair the statutory rights of the heirs,
6. Depositing money belonging to the estate at interest in a bank specified in the regulation issued by the President of the Republic, or purchasing State bonds with such money, and converting investments lacking adequate security into secured investments,
7. If the estate includes a commercial establishment, manufacturing establishment or other enterprise, continuing them as they are; if there is no benefit in continuing them, taking the measures necessary for their liquidation.
The estate administrator shall be the representative of the community of heirs in matters falling within his duties; he shall represent the community in actions brought and enforcement proceedings initiated against it and, where necessary, shall be authorised to bring actions, initiate enforcement proceedings, waive claims, accept claims, settle and submit to arbitration on behalf of the community; he shall give notice of the actions and proceedings to the heirs.
In the official administration of the estate, the provisions on guardianship shall apply, to the extent compatible with their nature, to the acts of the judge of the civil court of peace and of the administrator.