District of Columbia § 21-2058 Bond.

District of Columbia Statutes

§ 21-2058 — Bond.

District of Columbia § 21-2058

Title 21Fiduciary Relations and Persons with Mental Illness. [Enacted title]

Ch. 20Guardianship, Protective Proceedings, and Durable Power of Attorney.

Subch. VIProtection of Property of Incapacitated, Disappeared or Detained Individuals.

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Bluebook

D.C. Code § 21-2058 (2026).

Text

The court may require a conservator to furnish a bond 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 capital value of the property of the estate in the conservator’s control, plus 1 year’s estimated income, and minus the value of securities deposited under arrangements requiring an order of the court for their removal and the value of any land that the fiduciary, by express limitation of power, lacks power to sell or convey without court authorization.

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The court may require a conservator to furnish a bond 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 capital value of the property of the estate in the conservator’s control, plus 1 year’s estimated income, and minus the value of securities deposited under arrangements requiring an order of the court for their removal and the value of any land that the fiduciary, by express limitation of power, lacks power to sell or convey without court authorization.