Upon the filing of any partial settlement by the conservator of a minor or an incapacitated person in the court in which such estate is pending, such conservator may pray for a reduction in the amount of his or her bond as such conservator. Thereupon, the court must set a day for the hearing of such partial settlement and must cause notices to be issued to all parties in interest as is now provided by law for final settlements of such estates and, on the day set for hearing, the court may fix the amount to which the bond shall be reduced, which shall be determined as now provided by law for such bonds.
Structure Code of Alabama
Title 26 - Infants and Incompetents.
Chapter 3 - Bonds of Guardians.
Section 26-3-5 - General Conservator for County.
Section 26-3-10 - Bonds of Certain Conservators to Have Force and Effect of Statutory Bonds.
Section 26-3-11 - Liability of Sureties Upon Certain Conditionally Executed Bonds.
Section 26-3-12 - Approval, Filing, and Recordation of Bonds.
Section 26-3-13 - Liability of Probate Judge, etc., for Neglect or Omission in Taking Bond.
Section 26-3-14 - Reduction of Conservator's Bond Upon Partial Settlement of Estate.