Sec. 3. The bond of the personal representative shall run to the state of Indiana to the use of all persons for whose benefit it was given under the provision of this article and shall be for the security and benefit of such persons. The sureties shall be jointly and severally liable with the personal representative and with each other. The provisions of this section shall not change the rights of the sureties under other statutes or under the law.
Formerly: Acts 1953, c.112, s.1103. As amended by Acts 1982, P.L.171, SEC.31.
Structure Indiana Code
Chapter 11. Bond of Personal Representative
29-1-11-1. Conditions Requiring Execution and Filing
29-1-11-2. Deposit of Money or Assets; Withdrawal
29-1-11-3. Run to State; Joint and Several Liability; Conflict of Laws
29-1-11-4. Joint Representatives; Personal Representative as Surety
29-1-11-5. Affidavit of Surety; Value of Property
29-1-11-6. Sufficiency; Value of Assets; Evidence of Title
29-1-11-7. Failure to Give Bond; Successor; Revocation of Letters
29-1-11-9. New Bond; Release of Surety; Accounting
29-1-11-10. Breach of Obligation; Damages; Intervention
29-1-11-11. Validity; Bound to Full Extent; Action on Defective Bond