The court may require a conservator to furnish a bond conditioned upon faithful discharge of all duties of the trust according to law, with sureties as it shall specify. Unless otherwise directed, the bond must be in the amount of the aggregate capital value of the property of the estate in the conservator’s control, plus 1 year’s estimated income, and minus the value of securities deposited under arrangements requiring an order of the court for their removal and the value of any land that the fiduciary, by express limitation of power, lacks power to sell or convey without court authorization.
(Feb. 28, 1987, D.C. Law 6-204, § 2(a), 34 DCR 632.)
1981 Ed., § 21-2058.
Uniform Law: This section is based upon § 2-310 of the Uniform Guardianship and Protective Proceedings Act (1982 Act).
Structure District of Columbia Code
Title 21 - Fiduciary Relations and Persons with Mental Illness. [Enacted title]
Chapter 20 - Guardianship, Protective Proceedings, and Durable Power of Attorney
Subchapter VI - Protection of Property of Incapacitated, Disappeared or Detained Individuals
§ 21–2051. Protective proceedings
§ 21–2052. Original petition for appointment or protective order
§ 21–2054. Procedure concerning hearing and order on original petition
§ 21–2055. Permissible court orders
§ 21–2056. Protective arrangements and single transactions authorized
§ 21–2057. Who may be appointed conservator; priorities
§ 21–2059. Effect of acceptance of appointment
§ 21–2060. Compensation and expenses
§ 21–2061. Death, resignation, or removal of conservator
§ 21–2062. Petitions for orders subsequent to appointment
§ 21–2063. General duty of conservator
§ 21–2064. Inventory and records
§ 21–2066. Conservators; title by appointment
§ 21–2067. Recording of conservator’s letters
§ 21–2068. Sale, encumbrance, or transaction involving conflict of interest; voidable; exceptions
§ 21–2069. Persons dealing with conservators; protection
§ 21–2070. Powers of conservator in administration
§ 21–2071. Distributive duties and powers of conservator
§ 21–2072. Enlargement or limitation of powers of conservator
§ 21–2073. Preservation of estate plan; right to examine
§ 21–2074. Personal liability of conservator
§ 21–2075. Termination of proceedings
§ 21–2076. Payment of debt and delivery of property to foreign conservator without local proceedings
§ 21–2077. Foreign conservator; proof of authority; bond; powers