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2025 Wisconsin Statutes & Annotations
Chapter 701 - Trusts.
701.0702 - Trustee’s bond.

Universal Citation:
WI Stat § 701.0702 (2025)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.
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701.0702 Trustee’s bond.

(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.

(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.

(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.

History: 2013 a. 92; 2023 a. 127.

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