MARVIN MANDEL, Governor                            43

tion of the current annual registration in the name of the deceased,
without the necessity of applying for or obtaining the registration
and certificate of title required under the provisions of Article 66½.

(b) Boat or vessel. When the only property of a decedent is a
boat or vessel, the appraised value of which does not exceed $1,500,
the United States Collector of Customs or the Maryland Depart-
ment of Chesapeake Bay Affairs may, upon satisfactory evidence
that all of the decedent's debts and taxes have been paid, transfer
the certificate of registration to such boat or vessel to the person
entitled thereto; and no administration shall be necessary under
this Article. A verified statement signed by two persons to the
effect that they have personal knowledge as to the value of boats of
the type of the particular boat involved and that the value of said
boat does not exceed $1,500 shall be sufficient evidence as to the value
of the boat to warrant the transfer of the registration certificate.

SUBTITLE VI
THE PERSONAL REPRESENTATIVE

Part 1—Appointment and Issuance of Letters: Accrual of Duties and
Powers.

6-101. Conditions of appointment.

As a condition to his appointment, a personal representative shall
file (a) a statement of acceptance of the duties of the office, (b) any
required bond, and (c) a written consent to personal jurisdiction in
any action brought in this State against him as personal representa-
tive or arising out of his duties as such, where service of process is
effected pursuant to the Maryland Rules at his address shown in the
proceedings.

6-102. Bond; form.

(a)    When required. Every personal representative shall execute
a bond to the State of Maryland for the benefit of all interested per-
sons and creditors with a surety or sureties approved by the Regis-
ter, unless such bond is expressly excused by the decedent's will or
by the written waiver of all interested persons. Although a bond
may not be required as a condition of the appointment of a personal
representative, the Court may require such bond at any time during
the administration upon the petition of an interested person or cred-
itor and for good cause shown. Whenever a personal representative
is excused from giving bond, a bond shall nevertheless be given in
an amount which the Register or the Court considers sufficient to se-
cure the payment of the debts and Maryland inheritance taxes and
taxes on executors' commissions payable by the personal representa-
tive, and the bond shall be conditioned accordingly.

(b)    Surety. The surety on such bond may be any corporation
authorized to act as a surety in the State of Maryland or one or
more individuals approved by the Register. All sureties and the per-
sonal representative shall be jointly and severally liable on the
bond, unless otherwise ordered by the Court.

(c)    Penalty. The penalty sum of such bond shall be fixed by the
Court or Regis