Delaware Code Title 12 Sec. 1522 – Exception to bond requirement
Current as of: 2023 | Check for updates
|
Other versions
No bond shall be required of a personal representative prior to receiving letters, except:
(1) When an executor or other personal representative is appointed to administer an estate under a will containing an express requirement of bond; or
(2) When bond is required by order of the Court of Chancery under § 1524 of this title.
Terms Used In Delaware Code Title 12 Sec. 1522
- Court: means the Court of Chancery. See Delaware Code Title 12 Sec. 39A-101
- Executor: A male person named in a will to carry out the decedent
A bond otherwise required by any will may be dispensed with upon determination by the Court of Chancery that it is not necessary or desirable.