21-22-11. Bond required despite terms of trust instrument.
59 words·~1 min read·
/sd/title-21/chapter-21-22/21-22-11·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When the instrument creating the trust exempts the trustee from furnishing a bond or limits the amount thereof, or the court shall determine that the bond ordered to be filed is insufficient, the court may if it concludes that a bond be necessary or that a bond of a larger amount is necessary, require the furnishing of such bond.