(a) No bond is required of a personal representative appointed in informal proceedings, except:

will 560x170

Ask a will, trust or estate question, get an answer ASAP!
Thousands of highly rated, verified estate & trust lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Hawaii Revised Statutes 560:3-603

  • Executor: A male person named in a will to carry out the decedent
  • Statute: A law passed by a legislature.
(1) Upon the appointment of a special administrator where bond has been requested by an interested party and the court is satisfied that it is desirable;
(2) When an executor or other personal representative is appointed to administer an estate under a will containing an express requirement of bond; or
(3) When bond is required under § 560:3-605.
(b) Bond may be required by court order at the time of appointment of a personal representative appointed in any formal proceeding except that bond is not required of a personal representative appointed in formal proceedings if the will relieves the personal representative of bond, unless bond has been requested by an interested party and the court is satisfied that it is desirable. Bond required by any will may be dispensed with in formal proceedings upon determination by the court that it is not necessary. No bond is required of any personal representative who, pursuant to statute, has deposited cash or collateral with an agency of this State to secure performance of the personal representative’s duties.

  Previous
Next  
 Part 6 Contents