Section 13.16.255 - Bond required; exceptionsA 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.