Del. Code 12, § 1522 : Decedents' Estates And Fiduciary Relations — Letters Testamentary And Letters Of Administration — Bond — Exception to bond requirement

Current through 2016 Legislative Session, Act 399

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.

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.

Del. C. § 1522

63 Del. Laws, c. 282, §1.;