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2018 California Code
Probate Code - PROB
DIVISION 7 - ADMINISTRATION OF ESTATES OF DECEDENTS
PART 2 - OPENING ESTATE ADMINISTRATION
CHAPTER 4 - Appointment of Personal Representative
ARTICLE 5 - Bond
Section 8481.
Universal Citation: CA Prob Code § 8481 (2018)
8481.
(a) A bond is not required in either of the following cases:
(1) The will waives the requirement of a bond.
(2) All beneficiaries waive in writing the requirement of a bond and the written waivers are attached to the petition for appointment of a personal representative. This paragraph does not apply if the will requires a bond.
(b) Notwithstanding the waiver of a bond by a will or by all the beneficiaries, on petition of any interested person or on its own motion, the court may for good cause require that a bond be given, either before or after issuance of letters.
(Enacted by Stats. 1990, Ch. 79.)
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