Rhode Island General Laws
Chapter 33-17 - Bonds of Executors, Administrators, and Guardians
Section 33-17-1. - Conditions of bond.

§ 33-17-1. Conditions of bond.
Every executor, administrator, and guardian, before entering upon the execution of his or her trust, shall give bond to the probate court in any sum as it shall require, with sufficient surety or sureties, and with condition, except as provided in §§ 33-17-3 and 33-17-4, substantially as follows:
(1) In the case of an executor or administrator with the will annexed:
(i) To make and return to the probate court, as by law required, a true inventory of all the testator’s personal property which, at the time of making the inventory, shall have come to his or her possession or knowledge.
(ii) To administer according to law and the will of the testator, all the personal property of the testator which may come to his or her possession or into the possession of any person for him or her, and all rents and proceeds of real estate which may be received by him or her.
(iii) To render upon oath true accounts of his or her administration, as by law required.
(2) In the case of an administrator:
(i) To make and return to the probate court, as by law required, a true inventory of all the intestate’s personal property which, at the time of making the inventory, shall have come to his or her possession or knowledge.
(ii) To administer according to law all the personal property of the deceased and rents which may come into his or her possession or into the possession of any person for him or her.
(iii) To render upon oath true accounts of his or her administration, as by law required.
(iv) To deliver his or her letters of administration into the court if a will of the deceased is thereafter proved and allowed, and to settle his or her account in the probate court and to pay over and deliver all the assets remaining in his or her hands or due from him or her on settlement to the executor of the will.
(3) In the case of a guardian of an estate:
(i) To make and return to the probate court, as by law required, a true inventory of all the real and personal property of the ward which, at the time of making inventory, shall have come to his or her possession or knowledge.
(ii) To manage and dispose of all property according to law and for the best interests of the ward, and faithfully to perform his or her trust.
(iii) To render upon oath, as by law required, a true account of the property of his or her ward and of his or her management and disposition thereof.
(iv) At the expiration of his or her trust to settle his or her account in the probate court, or with the ward or his or her legal representative, and to pay over and deliver all the property remaining in his or her hands or due from him or her on settlement to the person entitled to the property.
History of Section.C.P.A. 1905, § 1012; G.L. 1909, ch. 320, § 1; G.L. 1923, ch. 371, § 1; G.L. 1938, ch. 576, § 1; G.L. 1956, § 33-17-1.

Structure Rhode Island General Laws

Rhode Island General Laws

Title 33 - Probate Practice and Procedure

Chapter 33-17 - Bonds of Executors, Administrators, and Guardians

Section 33-17-1. - Conditions of bond.

Section 33-17-1.2. - When surety not required.

Section 33-17-1.3. - When surety not required for guardians.

Section 33-17-2. - Meaning of condition in bond of “faithful performance”.

Section 33-17-3. - Bond to pay debts, legacies, and allowances.

Section 33-17-4. - Testamentary exemption from bond or surety.

Section 33-17-5. - Failure to give bond as declination of trust.

Section 33-17-6. - Defective bonds.

Section 33-17-7. - Examination and approval of bond.

Section 33-17-8. - Joint fiduciaries.

Section 33-17-9. - Bonds payable to and suable by court — Lost bonds.

Section 33-17-10. - Requiring further bond or sureties.

Section 33-17-11. - Cancelation of bond — New bond.

Section 33-17-12. - Release of surety — New surety — Action by surety against principal.

Section 33-17-13. - Order to principal on bond to exhibit condition of estate.

Section 33-17-14. - Copies of bond — Suit in name of court.

Section 33-17-15. - Beneficiaries of suit on bond shown — Costs.

Section 33-17-16. - Facts to be shown by creditor suing on bond.

Section 33-17-17. - Decree of unfaithful administration.

Section 33-17-18. - Evidence in action by distributee.

Section 33-17-19. - Hearing and judgment of forfeiture of bond.

Section 33-17-20. - Execution on judgment of forfeiture.

Section 33-17-21. - Addition of parties to suit for forfeiture.

Section 33-17-22. - Action on judgment for penalty.

Section 33-17-23. - Obligors not released by judgment on bond.

Section 33-17-24. - Suit on bond following judgment for obligor.

Section 33-17-25. - Suit for benefit of all interested in estate.

Section 33-17-26. - Suit on bond for failure to inventory or account for property.

Section 33-17-27. - Judgment and execution in suit for failure to inventory or account.

Section 33-17-28. - Administration of amount recovered in suit for failure to inventory or account.

Section 33-17-29. - Consolidation of suits against joint fiduciaries — Execution.