§ 33-19-8. Guardian’s bond to cover proceeds of the sale or mortgage.
Every guardian empowered to sell or mortgage as provided in this chapter shall, before making the sale or mortgage, give bond with a surety or sureties satisfactory to the court that he or she will apply the proceeds of the sale or mortgage to the purposes for which the sale or mortgage was authorized, and invest the proceeds, or the surplus thereof, as the case may be, in such investments as are allowed by law, or in such other manner as the court may direct.
History of Section.C.P.A. 1905, § 745; G.L. 1909, ch. 308, § 12; G.L. 1923, ch. 359, § 12; G.L. 1938, ch. 570, § 12; G.L. 1956, § 33-19-8.
Structure Rhode Island General Laws
Title 33 - Probate Practice and Procedure
Chapter 33-19 - Real Property of Decedents and Incompetents
Section 33-19-1. - Court consent to mortgage.
Section 33-19-2. - Terms of mortgages and notes.
Section 33-19-3. - Authority to sell real estate.
Section 33-19-4. - Sale of whole real estate to prevent injury.
Section 33-19-5. - Finality of decree authorizing sale or mortgage — Claims against estate.
Section 33-19-6. - Duration of authority to sell or mortgage.
Section 33-19-8. - Guardian’s bond to cover proceeds of the sale or mortgage.
Section 33-19-9. - Public or private sale — Petitioner as purchaser — Minimum price fixed.
Section 33-19-10. - Notice of sale at auction.
Section 33-19-11. - Adjournment of auction sale.
Section 33-19-12. - Affidavit as to notice of sale.
Section 33-19-13. - Laying out of roads and platting of land.
Section 33-19-14. - Conditions imposed by court.
Section 33-19-15. - Conveyances.
Section 33-19-17. - Release of interests in real estate by guardians.
Section 33-19-18. - Sale of cemetery lots.
Section 33-19-19. - Exchange of cemetery lots by guardians.
Section 33-19-21. - Irregularities in proceedings.
Section 33-19-22. - Validity of sale as against claimant adverse to decedent or ward.
Section 33-19-23. - Surplus real estate proceeds distributed as real estate.
Section 33-19-24. - Examination of sale proceedings — Recovery of damages.
Section 33-19-26. - Authority for lease by guardian.
Section 33-19-27. - Sale, lease, or mortgage by foreign guardian of nonresident ward.