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Massachusetts General Laws Chapter 205 — Bonds of Executors, Administrators, Guardians, Conservators, Trustees and Receivers
Massachusetts · statute · Mass. Gen. Laws ch. 205 · 30 active provisions
Mass. Gen. Laws ch. 205, § 1
Bond of receiver of absentee or guardian
Section 1. A receiver of an absentee, and, unless otherwise expressly provided, a guardian before entering upon the duties of his trust, shall give bond with sufficient sureties, in such sum as the probate court may order payable to the judge of said court and his successors, and with condition substantially as follows…
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Mass. Gen. Laws ch. 205, § 6A
Surety not required on bonds filed by national banks
Section 6A. No surety shall be required upon bonds filed by national banks, located in the commonwealth and duly permitted to act in a fiduciary capacity, as receiver, assignee, guardian, conservator except that the court appointing such a bank as such a fiduciary, other than as trustee, may upon application of an inte…
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Mass. Gen. Laws ch. 205, § 9
Sureties on bonds; requirements
Section 9. Sureties on probate bonds shall be inhabitants of the commonwealth, and satisfactory to the judge or register; except that companies permitted by section one hundred and five of chapter one hundred and seventy-five to act as sureties may be accepted in accordance with the provisions thereof and that, if the…
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Mass. Gen. Laws ch. 205, § 10
Approval by judge or register
Section 10. No bond required to be given to a judge of probate or to be filed in a registry of probate shall be sufficient, unless it has been examined and approved by the judge or register, and his approval over his official signature written thereon.
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Mass. Gen. Laws ch. 205, § 11
Joint fiduciaries; joint or separate bonds
Section 11. Two or more persons acting jointly as executors, administrators, trustees or otherwise, who are required to give bonds, may give either separate or joint bonds.
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Mass. Gen. Laws ch. 205, § 12
Joint executors; failure to give bond; effect
Section 12. If two or more persons are appointed executors, none shall intermeddle or act as such but those who give bond as before provided.
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Mass. Gen. Laws ch. 205, § 13
Fiduciary; license to sell or mortgage realty; additional bond
Section 13. If a license or authority to sell or mortgage real estate is granted to an executor, administrator, guardian, conservator or trustee, no special bond shall be required; but if the court finds the bond already given by him insufficient, it shall, before granting such license or authority, require an addition…
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Mass. Gen. Laws ch. 205, § 14
Insufficiency of sureties; new bond
Section 14. If the sureties or the penal sum in a probate bond are insufficient, the supreme judicial court or the probate court may, after notice to the principal in such bond, require a new bond with such surety or sureties and in such penal sum as the court orders.
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Mass. Gen. Laws ch. 205, § 15
Discharge of sureties; new bond
Section 15. A surety on a probate bond may, upon the petition of the surety or of the principal to the supreme judicial court or the probate court, be discharged from all further responsibility, if the court, after notice to all persons interested, finds such discharge reasonable and proper; and the principal shall the…
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Mass. Gen. Laws ch. 205, § 16
Failure to give new bond; effect
Section 16. If, in the cases specified in the two preceding sections, the principal does not give such new bond within such time as the court orders, he shall be removed from his trust, and another person appointed in his stead.
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Mass. Gen. Laws ch. 205, § 17
Sureties on prior bond; liability
Section 17. If a new bond is required as above provided, the sureties on the prior bond shall be liable for all breaches of the condition thereof committed before the new bond is approved by the judge.
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Mass. Gen. Laws ch. 205, § 18
Penal sum of bond; reduction
Section 18. If a surety company becomes surety on a probate bond, the court may, upon the petition of any party in interest and after notice, reduce the penal sum in which the principal and surety shall be liable for subsequent violations of the conditions thereof.
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Mass. Gen. Laws ch. 205, § 19
Woman fiduciary; effect of marriage
Section 19. In case of the marriage of a woman who is an executrix, administratrix, guardian, conservator or trustee, her sureties shall, upon petition to the probate court in which her bond is filed, be released from further liability thereon, beyond accounting for and paying over the money and property already in her…
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Mass. Gen. Laws ch. 205, § 19A
Joint control of trust estates; agreements between fiduciaries and sureties; authorization
Section 19A. Any receiver, assignee, guardian, conservator, trustee, executor, administrator or other fiduciary, or party from whom a bond is required, may agree and arrange with his sureties for the deposit for safekeeping of any or all moneys, assets, and other property for which he is or may be responsible with a ba…
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Mass. Gen. Laws ch. 205, § 20
Actions upon bonds by creditors
Section 20. A bond given by an executor or administrator for the performance of his trust may be put in suit by a creditor of the deceased for his own benefit, when such creditor has recovered judgment for his debt against the executor or administrator and he has neglected upon demand to pay the same or show sufficient…
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Mass. Gen. Laws ch. 205, § 21
Creditors; amount due ascertained by decree of distribution
Section 21. A creditor of an estate which has been represented insolvent may bring such action if the amount due him has been ascertained by the decree of distribution, and the executor or administrator neglects upon demand to pay it.
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Mass. Gen. Laws ch. 205, § 22
Actions upon bonds by next of kin
Section 22. Such action may be brought by a person who is next of kin to recover his share of the personal property after a decree of the probate court ascertaining the amount due him, if the executor or administrator neglects upon demand to pay it.
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Mass. Gen. Laws ch. 205, § 23
Actions upon bonds by person aggrieved by maladministration of fiduciary
Section 23. If the probate court, upon the representation of a person interested in an estate, finds that the executor or administrator has failed in any manner not specified in the three preceding sections to perform the conditions of his bond, it may authorize any creditor, next of kin, legatee or other person aggrie…
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Mass. Gen. Laws ch. 205, § 24
Judge as obligor
Section 24. If a judge of probate is obligor, either as principal or as surety, in a bond given to a former judge of the court, any action authorized by this chapter may be brought upon such bond in the name of the judge mentioned therein or in the name of his executor or administrator, and the register of probate for…
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Mass. Gen. Laws ch. 205, § 25
Wife of probate judge as obligor
Section 25. The wife of a judge of probate may be a defendant in an action upon a bond given to him or to his predecessor in such office.
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Mass. Gen. Laws ch. 205, § 26
Endorsement of writ
Section 26. In every action on a bond under sections twenty, twenty-one and twenty-two, the writ shall be endorsed by the persons for whose benefit or at whose request the action is brought or by their attorney, and the endorsers shall be liable for the costs of suit, and execution therefor shall be issued against them…
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Mass. Gen. Laws ch. 205, § 27
Obligor; summoning
Section 27. If the principal in the bond is a resident of the commonwealth at the commencement of the action, and is not made a defendant therein or is not served with process, the court may, at the request of any of the sureties, continue or postpone the action so long as may be necessary to summon or bring in the pri…
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Mass. Gen. Laws ch. 205, § 28
Obligor; failure to appear; effect
Section 28. The sureties may take out a writ, in such form as the court may prescribe, to arrest the principal or to attach his goods or estate, and to summon him to appear and answer as defendant in the original action. If, after being served with such process fourteen days at least before the time appointed for him t…
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Mass. Gen. Laws ch. 205, § 29
Actions upon bonds given by guardians, conservators, trustees or other fiduciary
Section 29. Except as otherwise provided, a bond given by a guardian, conservator, trustee, receiver, commissioner or other fiduciary officer may be put in suit by order of the probate court for the benefit of any person interested, and the proceedings in such action shall be conducted in like manner as is provided rel…
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Mass. Gen. Laws ch. 205, § 30
Venue for actions upon bonds
Section 30. An action on a bond payable to a judge of probate shall be brought in the superior court held for the county where the bond was taken.
MassachusettsBonds of Executors, Administrators, Guardians, Conservators, Trustees and Receiverseffective