Montana Statutes
§ 72-3-514 — Demand For Bond By Interested Person
Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 3 UPC -- PROBATE AND ADMINISTRATION·Part 5 Personal Representative Appointment Priorities, Bond, and Termination
72-3-514 . Demand for bond by interested person.
(1)Any person apparently having an interest in the estate worth in excess of $5,000 or any creditor having a claim in excess of $5,000 may make a written demand that a personal representative give bond. The demand must be filed with the clerk and a copy mailed to the personal representative, if appointment and qualification have occurred. Upon filing of the demand, bond is required, but the requirement ceases if the person demanding bond ceases to be interested in the estate or if bond is excused as provided in 72-3-513 or 72-3-515 .
(2)After the personal representative has received notice and until the filing of the bond or cessation of the requirement of bond, the personal representative shall refrain from exercising any powers of the pe
Free access — add to your briefcase to read the full text and ask questions with AI
Montana § 72-3-514 (Demand For Bond By Interested Person) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. 91A-3-605 by Sec. 1, Ch. 365, L. 1974; R.C.M. 1947, 91A-3-605; amd. Sec. 2338, Ch. 56, L. 2009; amd. Sec. 68, Ch. 313, L. 2019.
Nearby Sections
15
§ 72-3-1005
Final Accounting Required To Close Estate§ 72-3-1006
Repealed§ 72-3-1007
Through 72-3-1010 Reserved§ 72-3-1012
Liability Of Distributees To Claimants§ 72-3-1013
Limitation On Actions Against Distributees§ 72-3-1015
Estate To Be Closed Within Two Years§ 72-3-102
Necessity Of Order Of Probate Of Will