Section 13.16.255. Bond required; exceptions.

Latest version.

A personal representative shall execute and file a bond with the registrar unless
        (1) the estate is testate and the will expressly waives surety bond as to the person qualifying as personal representative;
        (2) the devisees or the heirs file written waiver of surety bond;
        (3) the personal representative is a qualified corporate fiduciary; or
        (4) the personal representative, pursuant to statute, has deposited cash or collateral with an agency of the state to secure performance of the personal representative's duties.

Authorities

13.16.265

Notes

References

AS 13.16.265 Demand for bond by interested person.

History

(Sec. 1 ch 78 SLA 1972; am Sec. 14 ch 56 SLA 1973)

                    
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