Effect on certificate of subsequent probate or letters of administration

Effect on certificate of subsequent probate or letters of administration.—(1) A grant of probate or letters of administration under the Probate and Administration Act in respect of an estate shall be deemed to supersede any certificate previously granted under this Act in respect of any debts or securities included in the estate.

1. (2) When at the time of the grant of the probate or letters of administration, any suit or other proceeding instituted by the holder of the certificate regarding any debt or security is pending, the person to whom the grant is made may, on applying to the Court in which the suit or proceeding is pending, be substituted in the place of the holder of the certificate in the suit or proceeding.