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Statute 30 2448 — Nebraska Law | CourtGPT
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  4. Chapter 30 - Decedents' Estates; Protection of Persons and Property30-24,100 - Distribution; Order in Which Assets Appropriated; Abatement/
  5. Article 24/
  6. Statute 30 2448
Nebraska Legal Code

Statute 30 2448

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30-2448. Demand for bond by interested person.Any person apparently having an interest in the estate worth in excess of one thousand dollars, or any creditor having a claim in excess of one thousand dollars, may make a written demand that a personal representative give bond. The demand must be filed with the registrar and a copy mailed to the personal representative, if appointment and qualification have occurred. Thereupon, bond is required, but the requirement ceases if the person demanding bond ceases to be interested in the estate or if bond is excused as provided in section 30-2446 or 30-2447. After he has received notice and until the filing of the bond or cessation of the requirement of bond, the personal representative shall refrain from exercising any powers of his office except as necessary to preserve the estate. Failure of the personal representative to meet a requirement of bond by giving suitable bond within thirty days after receipt of notice is cause for his removal and appointment of a successor personal representative.Source Laws 1974, LB 354, § 126, UPC § 3-605.