If administration or letters testamentary have been granted before application for an order dispensing with administration, the court shall not make such an order except upon notice to the personal representative and opportunity for him to be heard, nor until the costs of the administration have been paid and the accounts of the personal representative settled. If the order is then entered, the administration or letters testamentary shall be ipso facto revoked.
KRS 395.490
Recodified 1942 Ky. Acts ch. 208, sec. 1, effective10/1/1942, from Ky. Stat. sec. 3897-5.