§ 8481. — 8481. (Enacted by Stats. 1990, Ch. 79.)

California § 8481.

• Jurisdiction: California
• Code PROB: Probate Code - PROB
• Div. 7.: DIVISION 7. ADMINISTRATION OF ESTATES OF DECEDENTS
• Part 2.: PART 2. OPENING ESTATE ADMINISTRATION
• Ch. 4.: CHAPTER 4. Appointment of Personal Representative
• Art. 5.: ARTICLE 5. Bond

Text

(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 requirement of a bond and the written waivers are attached to the petition for appointment of a personal representative. This paragraph does not apply if the will requires a bond.
(b)
Notwithstanding the waiver of a bond by a will or by all the beneficiaries, on petition of any interested person or on its own motion, the court may for good cause require that a bond be given, either before or after issuance of letters.

Legislative History

Enacted by Stats. 1990, Ch. 79.