Georgia Code, Title 29, Chapter 3, Article 4 - Bonding of Conservators

• § 29-3-40 - Bond Required; Exception; Recording of Bonds
  (a) A conservator appointed by the court shall give bond with good and sufficient security.(b) A financial institution, trust company, national or state bank,...
• § 29-3-41 - Requirements of Bond; Term and Value of Bond; Substantial Compliance Sufficient
  (a) The bond of a conservator shall be: (1) Secured by an individual who is a domiciliary of this state or by a licensed...
• § 29-3-42 - Reduction of Bond
  If the value of the minor's bonded estate decreases, the court may permit a corresponding reduction in the value of the bond, but this...
• § 29-3-43 - Requirement of Additional Bond; Notice in Event of Sureties Deficiencies; Revocation of Letters of Conservatorship
  (a) When it comes to the attention of the court, either by annual return or otherwise: (1) That additional personal property has accrued to...
• § 29-3-44 - Payment of Bond Premium
  (a) A conservator who is required to give bond, and who has given as security on such bond one or more licensed commercial sureties,...
• § 29-3-45 - Responsibility of Surety in Event Appointment of Conservator Void
  If the appointment of a conservator for any cause is declared void, the surety of that conservator shall nevertheless be responsible on the bond...
• § 29-3-46 - Joint and Several Obligation
  The conservator and any surety shall be held and deemed joint and several obligors and may be subjected jointly and severally to liability in...
• § 29-3-47 - Levy Upon Property Authorized; Writ of Execution Authorized
  (a) When a judgment has been obtained against the conservator or the surety on the bond of a conservator, or both, a levy may...
• § 29-3-48 - Levy Upon Surety Then Conservator
  In all cases of judgments recovered against a conservator or any surety of a conservator, the execution shall first be levied on the property...
• § 29-3-49 - Petition for Release From Surety Obligation; Order of Discharge; Appointment and Liability of New Surety; Accounting Requirement
  (a) The surety on the bond of any conservator or, if the surety is dead, the surety's personal representative, may at any time petition...

Last modified: October 14, 2016