General Laws of Massachusetts (Last Updated: January 16, 2020) |
PART II REAL AND PERSONAL PROPERTY AND DOMESTIC RELATIONS |
TITLE II. DESCENT AND DISTRIBUTION, WILLS, ESTATES OF DECEASED PERSONS AND ABSENTEES, GUARDIANSHIP, CONSERVATORSHIP AND TRUSTS |
CHAPTER 205. BONDS OF EXECUTORS, ADMINISTRATORS, GUARDIANS, CONSERVATORS, TRUSTEES AND RECEIVERS |
SECTION 18. Penal sum of bond; reduction
Latest version.
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If a surety company becomes surety on a probate bond, the court may, upon the petition of any party in interest and after notice, reduce the penal sum in which the principal and surety shall be liable for subsequent violations of the conditions thereof.