2025 Session
Last amended: 1975 session
§ 524.3-311 — Informal Appointment Unavailable in Certain Cases
Plain-Language Summary
This section allows the registrar to set a bond requirement for the personal representative to protect the estate's assets.
524.3-311 INFORMAL APPOINTMENT UNAVAILABLE IN CERTAIN CASES.
If an application for informal appointment indicates the existence of a possible unrevoked will or codicil which may relate to property subject to the laws of this state, and which is not filed for probate in this court, the registrar shall decline the application.
History:
1974 c 442 art 3 s 524.3-311; 1975 c 347 s 36
History: History: 1974 c 442 art 3 s 524.3-311; 1975 c 347 s 36
Practical Notes
The registrar may require the personal representative to post a bond (a type of insurance) to protect the estate from mismanagement. The bond amount depends on the estate’s value.