N.D. Cent. Code § 30.1-17-05

Current through 2024 Legislative Session
Section 30.1-17-05 - (3-605) Demand for bond by interested person

Any person apparently having an interest in the estate worth in excess of one thousand dollars, or any creditor having a claim in excess of one thousand dollars, may make a written demand that a personal representative give bond. The demand must be filed with the court and a copy mailed to the personal representative if appointment and qualification have occurred. Thereupon, bond is required, but the requirement ceases if the person demanding bond ceases to be interested in the estate, or if bond is excused as provided in section 30.1-17-03 or 30.1-17-04. After receiving notice and until the filing of the bond or cessation of the requirement of bond, the personal representative shall refrain from exercising any powers of office except as necessary to preserve the estate. Failure of the personal representative to meet a requirement of bond by giving suitable bond within thirty days after receipt of notice is cause for removal and appointment of a successor personal representative.

N.D.C.C. § 30.1-17-05