Code · Alaska · Title 13 · Chapter 16

Sec. 13.16.255. Bond required; exceptions.

86 words·~1 min read·/ak/title-13/chapter-16/13-16-255

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A personal representative shall execute and file a bond with the registrar unless

(1)the estate is testate and the will expressly waives surety bond as to the person qualifying as personal representative;

(2)the devisees or the heirs file written waiver of surety bond;

(3)the personal representative is a qualified corporate fiduciary; or

(4)the personal representative, pursuant to statute, has deposited cash or collateral with an agency of the state to secure performance of the personal representative's duties.