Effective 5/12/2015 75-3-603 Bond not required -- Exceptions. (1) No bond is required of a personal representative appointed in formal or informal proceedings,
except: (a) upon the appointment of a special administrator without notice having been given; (b) when an executor or other personal representative is appointed to administer an estate under
a will containing an express requirement of bond; (c) when bond is requested prior to appointment, by an interested party; or (d) when bond is required under Section 75-3-605. No bond is required of any personal
representative who is exempted from bond under Title 7, Financial Institutions Act. (2) A bond required pursuant to this section may be dispensed with upon a determination by the
court that it is not necessary.
Amended by Chapter 258, 2015 General Session