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State Statutes - Idaho - Title 15 - Chapter 3 - 15-3-603
Idaho Statutes
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15-3-603 - BOND NOT REQUIRED WITHOUT COURT ORDER -- EXCEPTIONS
No bond is
required of a personal representative appointed in informal proceedings,
except (1) upon the appointment of a special administrator; (2) when an
executor or other personal representative is appointed to administer an estate
under a will containing an express requirement of bond or (3) when bond is
required under section 15-3-605 of this chapter. Bond may be required by court
order at the time of appointment of a personal representative appointed in any
formal proceeding except that bond is not required of a personal
representative appointed in formal proceedings if the will relieves the
personal representative of bond, unless bond has been requested by an
interested party and the court is satisfied that it is desirable. Bond
required by any will may be dispensed with in formal proceedings upon
determination by the court that it is not necessary. No bond is required of
any personal representative who, pursuant to statute, has deposited cash or
collateral with an agency of this state to secure performance of his duties.
No bond will be required of any domestic bank or trust company.
 
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