§ 29-5-43. Requirement of Additional Bond or Security
Whenever it comes to the knowledge of the court, either by annual returns or otherwise that: Additional personal property has accrued to the ward by descent, gift, or otherwise; For any other reason the bond or security of the conservator fails to comply with the minimum statutory bond amount set forth in Code Section 29-5-40; […]
§ 29-5-44. Payment of Bond Premium
A conservator who is required to give bond, and who has given as security on the bond one or more licensed commercial sureties, may pay any bond premium from the estate. When the guardian is required to give bond pursuant to Code Section 29-4-30, the conservator shall, upon the request of the guardian, pay any […]
§ 29-5-45. Liability of Surety in Event Conservatorship Is Void
If the appointment of a conservator for any cause is declared void, the surety of that conservator shall nevertheless be responsible on the bond for any property received by the conservator. History. Code 1981, § 29-5-45 , enacted by Ga. L. 2004, p. 161, § 1.
§ 29-5-46. Joint and Several Liability of Conservator and Surety
The conservator and any surety shall be held and deemed joint and several obligors and may be subjected jointly and severally to liability in the same action. When a conservator moves beyond the limits of this state, dies, and leaves an unrepresented estate, or is in a position that an attachment may be issued as […]
§ 29-5-47. Levy Upon Property; Writs of Execution
When a judgment has been obtained against the conservator or the surety on the bond of a conservator, or both, a levy may be made upon any property of any defendant in fi. fa. The court shall be authorized to enter a judgment and to issue a writ of execution against the conservator and surety […]
§ 29-5-48. Order of Levy Against Property
In all cases of judgments recovered against a conservator or any surety of a conservator, the execution shall first be levied on the property of the surety and no levy shall be made on the property of the conservator until there is a return of nulla bona as to the surety. History. Code 1981, § […]
§ 29-5-49. Discharge of Surety From Obligations Under Bond; Reporting
The surety on the bond of any conservator or, if the surety is dead, the surety’s personal representative, may at any time petition the court regarding any misconduct of the conservator in the discharge of the conservator’s trust or to show the court his or her desire for any reason to be relieved as surety. […]
§ 29-5-31. Retention of Property; Exchange or Conversion of Stocks or Securities
A conservator may retain the property received by the conservator on the creation of the conservatorship, including, in the case of a corporate fiduciary, stock or other securities of its own issue, even though the property may not otherwise be a legal investment and shall not be liable for the retention, except for gross neglect. […]
§ 29-5-49.1. Communication With Other States on Conservatorship
With respect to a conservatorship order from another state that has been registered with and recorded by a court of this state under Code Section 29-11-31, in addition to any action such court of this state may take under this article or under subsection (b) of Code Section 29-11-32, such court of this state may […]
§ 29-5-32. Investment of Estate Funds by Conservator
A conservator is authorized to invest estate funds in the following and shall not otherwise be liable for such investment, except in the case of gross neglect: Bonds issued by any county or municipality of this state which have been validated as required by law for the validation of county and municipal bonds; Bonds issued […]