Idaho State Statutes - Idaho Attorney Directory

If bond is
required and the provisions of the will or order do not specify the amount,
unless stated in his application or petition, the person qualifying shall file
a statement under oath with the registrar indicating his best estimate of the
value of the personal estate of the decedent and of the income expected from
the personal and real estate during the next year, and he shall execute and
file a bond with the registrar, or give other suitable security, in an amount
not less than the estimate. The registrar shall determine that the bond is
duly executed by a corporate surety, or one (1) or more individual sureties
whose performance is secured by pledge of personal property, mortgage on real
property or other adequate security. The registrar may permit the amount of
the bond to be reduced by the value of assets of the estate deposited with a
domestic financial institution (as defined in section 15-6-101 of this code)
in a manner that prevents their unauthorized disposition. On petition of the
personal representative or another interested person the court may excuse a
requirement of bond, increase or reduce the amount of the bond, release
sureties, or permit the substitution of another bond with the same or
different sureties.

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