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Session Laws, 1974
Volume 713, Page 99   View pdf image
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MARVIN MANDEL, Governor                                      99

MAY OBTAIN A COPY Of THE BOND CERTIFIED BY THE REGISTER.
(G) PREMIUM PAYABLE OUT OF ESTATE.

THE PREMIUM FOR A BOND SHALL BE CHARGEABLE AGAINST
THE PROPERTY OF THE ESTATE.

(H) FORM OF BOND - GENERALLY.

(1)   THE BOND SHALL BE SUBSTANTIALLY IN THE
FOLLOWING FORM:

THE CONDITION OF THE ABOVE OBLIGATION IS SUCH, THAT

IF _____________ SHALL HELL AND TRULY PERFORM THE OFFICE OF

THE PERSONAL REPRESENTATIVE OF______________, LATE OF

, DECEASED, ACCORDING TO LAW, AND SHALL IN ALL
RESPECTS DISCHARGE THE DUTIES REQUIRED OF HIM BY LAW AS
PERSONAL REPRESENTATIVE WITHOUT ANY INJURY OR DAMAGE TO
ANY PERSON INTERESTED IN THE FAITHFUL PERFORMANCE OF THE
OFFICE, THEN THE ABOVE OBLIGATION SHALL BE VOID; IT IS
OTHERWISE TO BE IN FULL FORCE AND EFFECT.

(2)   IF THE GIVING OF A BOND IS EXCUSED, THE
REQUIRED NOMINAL BOND SHALL BE SUBSTANTIALLY IN THE
FOLLOWING FORM:

THE CONDITION OF THE ABOVE OBLIGATION IS SUCH, THAT

IF________________ SHALL, AS PERSONAL REPRESENTATIVE

OF_______________LATE OF_________________, DECEASED, PAY

THE DEBTS DUE BY THE DECEASED, THE MARYLAND INHERITANCE
TAX, AND TAX ON COMMISSIONS OF PERSONAL REPRESENTATIVES
PAYABLE BY THE PERSONAL REPRESENTATIVE, THEN THE ABOVE
OBLIGATION SHALL BE VOID; IT IS OTHERWISE TO BE IN FULL
FORCE AND EFFECT.

(I) ADDITIONAL OR NEW SECURITY; COUNTERSECURITY;
REMEDY.

(1)    THE COURT MAY REQUIRE ADDITIONAL
SECURITY, NEW SECURITY, AND COUNTERSECURITY IN ACCORDANCE
WITH THE PROCEDURE SET FORTH IN MARYLAND RULE H6.

(2)    IF THE PERSONAL REPRESENTATIVE DOES NOT
WITHIN A REASONABLE TIME FIXED BY THE COURT GIVE NEW
SECURITY OR COUNTERSECURITY AS MAY BE REQUIRED BY ORDER
OF THE COURT, IF THE PERSONAL REPRESENTATIVE IS REMOVED
AS PROVIDED BY §6-306, OR IF THE PERSONAL REPRESENTATIVE
FAILS TO ACCOUNT FOR AND DELIVER THE PROPERTY BELONGING
TO THE ESTATE TO THE NEWLY APPOINTED SUCCESSOR PERSONAL
REPRESENTATIVE OR SPECIAL ADMINISTRATOR, THE COURT MAY
DIRECT THE BOND OF THE PERSONAL REPRESENTATIVE TO BE PUT
IN SUIT.

REVISOR'S NOTE: This section presently appears as

 

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Session Laws, 1974
Volume 713, Page 99   View pdf image
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