Wisconsin Statutes
§ 701.0702 — Trustee’s bond.
Wisconsin § 701.0702
This text of Wisconsin § 701.0702 (Trustee’s bond.) is published on Counsel Stack Legal Research, covering Wisconsin primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Wis. Stat. § 701.0702 (2026).
Text
701.0702
701.0702(1) (1) A trustee shall give bond to secure performance of the trustee’s duties only if the court finds that a bond is needed to protect the interests of the beneficiaries or is required by the terms of the trust and the court has not dispensed with the requirement.
701.0702(2) (2) The court may specify the amount of a bond, its liabilities, and whether sureties are necessary. The court may modify or terminate a bond at any time.
701.0702(3) (3) A court may not require a bond from a trust company bank, state bank, or national bank that is authorized to exercise trust powers and that has complied with s. 220.09 or 223.02 .
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Legislative History
701.0702 History History: 2013 a. 92 ; 2023 a. 127 .
Nearby Sections
15
§ 701.0101
Short title.§ 701.0102
Scope.§ 701.0103
Definitions.§ 701.0104
Knowledge.§ 701.0105
Default and mandatory rules.§ 701.0107
Governing law.§ 701.0108
Principal place of administration.§ 701.0109
Methods of notice; waiver.§ 701.0111
Nonjudicial settlement agreements.§ 701.0113
Insurable interest of trustee.§ 701.0202
Personal jurisdiction.§ 701.0203
Subject matter jurisdiction.Cite This Page — Counsel Stack
Bluebook (online)
Wisconsin § 701.0702, Counsel Stack Legal Research, https://law.counselstack.com/statute/wi/701.0702.