Arkansas Statutes

§ 28-72-104 — Bond of trustee

Arkansas·Title 28
(a)The trustee shall give bond in double the amount of property or money received and, upon the appearance of the missing person or person imprisoned in any foreign country, shall be required to account to and turn over to the person the balance of all funds or property not legally expended by the trustee under the order of the circuit court.
(b)The bondsmen shall be liable for any sums or property unaccounted for by the trustee, in the same manner that bondsmen of administrators in this state are liable on their bonds.

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Legislative History

Acts 1943, No. 71, § 3; A.S.A. 1947, § 58-203.

Nearby Sections

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