Sec. 6. No bond of a personal representative shall be deemed sufficient unless it shall have been examined and approved as required by law, and the approval endorsed thereon in writing. Before giving approval the court, judge, commissioner, or clerk may require evidence as to the value and character of the assets of personal sureties, including an abstract, certificate or other satisfactory evidence of title of every tract of real property which is offered as security. In the event that the bond is not approved, the personal representative shall, within such time as may be directed, secure a bond with satisfactory surety or sureties.
Formerly: Acts 1953, c.112, s.1106.
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