Minn. Stat. § 524.5-415

Current through 2023, c. 127
Section 524.5-415 - BOND

The court may require a conservator to furnish a bond conditioned upon faithful discharge of all duties of the conservatorship according to law, with sureties as it may specify. A bond is not required for any conservator that is a bank or trust company provided the total conservatorship assets do not exceed $1,000,000. If the conservator is a bank or trust company then a bond shall be required if the conservatorship assets exceed $1,000,000.

Minn. Stat. § 524.5-415

2003 c 12 art 1 s 54

Amended by 2020 Minn. Laws, ch. 86,s 1-32, eff. 8/1/2020.