Probate Code - PROB
DIVISION 7. ADMINISTRATION OF ESTATES OF DECEDENTS [7000 - 12591]
( Division 7 enacted by Stats. 1990, Ch. 79. ) PART 2. OPENING ESTATE ADMINISTRATION [8000 - 8577]
( Part 2 enacted by Stats. 1990, Ch. 79. ) CHAPTER 4. Appointment of Personal Representative [8400 - 8577]
( Chapter 4 enacted by Stats. 1990, Ch. 79. ) ARTICLE 5. Bond [8480 - 8488]
( Article 5 enacted by Stats. 1990, Ch. 79. ) 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.)