A court can make a person in charge of a dead person's estate get a bond, or make the bond bigger or smaller, if there is a good reason. A court worker checks if the bond amount is right whenever certain things happen, like when property is listed or sold. If the bond amount is too high or too low, the court orders a change.
473.197. Court may require, increase or decrease , when. — The court may require bond, or increase or decrease the amount of the bond of the when therefor appears. The shall inquire into the adequacy of the bond upon the of an , or or when is sold, mortgaged, leased or taken of under and, if the bond is found to be in an amount in excess of or less than that last under section 473.157, the court shall enter an requiring an additional bond or reducing the .
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Source & history notes
(L. 1955 p. 385 § 86, A.L. 1980 S.B. 637) Effective 1-01-81
Related Missouri laws
Letters revoked on failure to give bond
RSMo 473.200
Inquiry into condition of sureties
RSMo 473.193
Effect of new bond
RSMo 473.203
Sufficiency of bond to be shown on settlements
RSMo 473.190
Bond valid though rejected
RSMo 473.187
Execution of bond deemed appearance by surety
RSMo 473.207
Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.