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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

30 active provisions.

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…

MassachusettsBonds of Executors, Administrators, Guardians, Conservators, Trustees and Receiverseffective
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…

MassachusettsBonds of Executors, Administrators, Guardians, Conservators, Trustees and Receiverseffective
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…

MassachusettsBonds of Executors, Administrators, Guardians, Conservators, Trustees and Receiverseffective
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…

MassachusettsBonds of Executors, Administrators, Guardians, Conservators, Trustees and Receiverseffective
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…

MassachusettsBonds of Executors, Administrators, Guardians, Conservators, Trustees and Receiverseffective