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Section 43-2-850 – Proceedings for Review of Employment of Agents and Compensation of Personal Representatives and Employees of Estate.

Section 43-2-850 Proceedings for review of employment of agents and compensation of personal representatives and employees of estate. On petition or appropriate motion of an interested person, and after notice to all interested persons, the propriety of employment of any person by a personal representative including any attorney, auditor (who may include certified public accountants, […]

Section 43-2-851 – Bond.

Section 43-2-851 Bond. (a) The court must require a personal representative or special administrator to furnish bond payable to the judge of probate conditioned upon faithful discharge of all duties of the trust according to law, with sureties as it shall specify. Unless otherwise directed, the bond must be in the amount of the aggregate […]

Section 43-2-852 – Terms and Requirements of Bonds.

Section 43-2-852 Terms and requirements of bonds. (a) The following requirements and provisions apply to any bond required under Section 43-2-850: (1) Sureties are jointly and severally liable with the personal representative and with each other. (2) By executing an approved bond of a personal representative, the surety consents to the jurisdiction of the court […]

Section 43-2-853 – Application to Existing Estates.

Section 43-2-853 Application to existing estates. (a) Estates filed for probate prior to January 1, 1994, the administration of which continues in effect after January 1, 1994, are unaffected by this article. Those estates continue in effect and administration continues as they existed prior to this article with all the powers and duties previously granted […]

Section 43-2-854 – Avoiding Conflicts of Law.

Section 43-2-854 Avoiding conflicts of law. Nothing contained in this article shall be construed to abrogate any right, authority, or discretion conferred upon a personal representative or other fiduciary under any other law. (Acts 1993, No. 93-722, p.1411, §26.)