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November 24, 2024 Clouds | 48°F
The 193rd General Court of the Commonwealth of Massachusetts
  1. General Laws
  2. Part II REAL AND PERSONAL PROPERTY AND DOMESTIC RELATIONS
  3. Title II DESCENT AND DISTRIBUTION, WILLS, ESTATES OF DECEASED PERSONS AND ABSENTEES, GUARDIANSHIP, CONSERVATORSHIP AND TRUSTS
  4. Chapter 190B MASSACHUSETTS UNIFORM PROBATE CODE
  5. Article V PROTECTION OF PERSONS UNDER DISABILITY AND THEIR PROPERTY
  6. Section 5-410 Bond

Section 5-410

Section 5-410: Bond

Section 5–410. [Bond.]

(a) A conservator, temporary conservator and special conservator shall furnish a bond conditioned upon faithful discharge of all duties of the trust according to law and containing a statement of acceptance of the duties of the office. A surety shall be required on the bond of a conservator, except the court may waive the requirement of sureties for good cause shown by the conservator. A bond with sureties shall be in the amount established by the court.

(b) Notwithstanding subsection (a), but subject to section 5–415, a conservator shall not be required to furnish sureties on his bond if the conservator has a priority for appointment under section 5–409(a)(1) and the person nominating the conservator expressly waives the requirement.