For good cause, the court, upon the petition of any surety of a fiduciary, may order the surety's release and require the fiduciary to procure a new surety. In such case, the original surety shall remain liable for all breaches of the obligation of the bond occurring prior to the execution of the bond by the new surety and his approval by the court, but not for breaches thereafter.
Structure Pennsylvania Consolidated & Unconsolidated Statutes
Pennsylvania Consolidated & Unconsolidated Statutes
Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
Section 4501 - Agreement concerning deposit of assets
Section 4503 - Participation in administration
Section 4504 - Information from fiduciary; accounting
Section 4505 - Release of surety before discharge of fiduciary
Section 4522 - Service of process on nonresident surety (Repealed)