Sec. 305.101. BOND GENERALLY REQUIRED; EXCEPTIONS. (a) Except as otherwise provided by this title, a person to whom letters testamentary or of administration will be issued must enter into a bond before issuance of the letters.
(b) Letters testamentary shall be issued without the requirement of a bond to a person named as executor in a will probated in a court of this state if:
(1) the will directs that no bond or security be required of the person; and
(2) the court finds that the person is qualified.
(c) A bond is not required if a personal representative is a corporate fiduciary.
Added by Acts 2009, 81st Leg., R.S., Ch. 680 (H.B. 2502), Sec. 1, eff. January 1, 2014.
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