ARTICLE 5. Bond [8480. - 8488.]

Article 5 enacted by Stats. 1990, Ch. 79.

§§ 8480–8488 · 9 sections

• § 8480 (a) Except as otherwise provided by statute, every person appointed as personal representative shall, before letters are issued, give a bond approved by the…
• § 8481 (a) A bond is not required in either of the following cases: (1) The will waives the requirement of a bond. (2) All beneficiaries waive in writing the…
• § 8482 (a) The court in its discretion may fix the amount of the bond, but the amount of the bond shall be not more than the sum of: (1) The estimated value of the…
• § 8483 (a) This section applies where property in the estate has been deposited pursuant to Chapter 3 (commencing with Section 9700) of Part 5 on condition that the…
• § 8484 If a personal representative petitions to have the amount of the bond reduced, the petition shall include an affidavit setting forth the condition of the…
• § 8485 A personal representative who petitions for substitution or release of a surety shall file with the petition an account in the form provided in Section 10900.…
• § 8486 The personal representative shall be allowed the reasonable cost of the bond for every year it remains in force.
• § 8487 The provisions of the Bond and Undertaking Law (Chapter 2 (commencing with Section 995.010) of Title 14 of Part 2 of the Code of Civil Procedure) apply to a…
• § 8488 (a) In case of a breach of a condition of the bond, an action may be brought against the sureties on the bond for the use and benefit of the decedent’s estate…