Unless otherwise provided in this Code section, any person who seeks to qualify to serve as the personal representative of an intestate estate or as a temporary administrator shall be required to give bond with good and sufficient security. A national banking association or a bank or trust company organized under the laws of this […]
The bond of a personal representative or temporary administrator shall be secured by an individual who is a domiciliary of this state or by a licensed commercial surety authorized to transact business in this state, shall be payable to the probate court for the benefit of all concerned, shall be conditioned upon the faithful discharge […]
If the value of an estate decreases, the probate court may permit a corresponding reduction in the amount of the bond, but this reduction does not affect the liability of the surety for prior waste or misconduct by the personal representative or temporary administrator. History. Code 1981, § 53-6-52 , enacted by Ga. L. 1996, […]
When a personal representative has qualified to serve without bond or is not otherwise required by law to give bond, the probate court, on its own motion or on the representation of any party in interest that the personal representative is mismanaging the estate, shall order the personal representative to appear and show cause as […]
The clerk of the probate court shall record bonds in a book kept for that purpose and shall retain custody of the bonds. History. Code 1981, § 53-6-54 , enacted by Ga. L. 1996, p. 504, § 10.
