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2014 SESSION

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HB 487 Fiduciaries; letters of administration, bond without surety.

Introduced by: Barry D. Knight | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Fiduciaries; letters of administration; bond without surety. Provides that certificates of qualification and letters of administration for obtaining probate must state the amount of any surety required, or that no surety was required. The bill also requires good cause be shown in order for a circuit court, or circuit court clerk, having authority to appoint a personal representative to allow that representative to give bond without surety where the amount coming into possession of the personal representative is $15,000 or less. The bill also provides that no personal representative giving bond without surety under this section shall be permitted control over a decedent's property valued in excess of $15,000.

FULL TEXT

• 01/06/14  House: Prefiled and ordered printed; offered 01/08/14 14101506D  pdf

HISTORY

• 01/06/14  House: Prefiled and ordered printed; offered 01/08/14 14101506D
• 01/06/14  House: Referred to Committee for Courts of Justice
• 01/09/14  House: Assigned Courts sub: Civil
• 01/29/14  House: Subcommittee recommends reporting with amendment(s) (7-Y 3-N)
• 02/03/14  House: Failed to report (defeated) in Courts of Justice (8-Y 14-N)