If the value of the minor’s bonded estate decreases, the court may permit a corresponding reduction in the value of the bond, but this reduction does not affect the liability of the surety for prior waste or misconduct of the conservator.
History. Code 1981, § 29-3-42 , enacted by Ga. L. 2004, p. 161, § 1.
Structure Georgia Code
Chapter 3 - Conservators of Minors
Article 4 - Bonding of Conservators
§ 29-3-40. Bond Required; Exception; Recording of Bonds
§ 29-3-44. Payment of Bond Premium
§ 29-3-45. Responsibility of Surety in Event Appointment of Conservator Void
§ 29-3-46. Joint and Several Obligation
§ 29-3-47. Levy Upon Property Authorized; Writ of Execution Authorized