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Section 30-1-306 - Bond — Tennessee Law | CourtGPT
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  2. Laws/
  3. Tennessee/
  4. Title 30 - Administration of Estates (§§ 30-1-101 — 30-5-105)/
  5. Chapter 1 - Executors and Administrators/
  6. Part 3 - Appointment by Chancery Court/
  7. Section 30-1-306 - Bond
Tennessee Legal Code

Section 30-1-306 - Bond

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If the appointment is made in vacation, the complainant shall be required to give bond, with surety, in double the value of the estate to be administered, payable to the state, conditioned that the administrator shall render a true inventory of the estate to the court at its next term, so far as it may come to the administrator's knowledge, and that the administrator will deliver the assets over, or place the assets, or the proceeds, under the charge of the court.Code 1858, § 2214 (deriv. Acts 1841-1842, ch. 177, § 4); Shan., § 3948; Code 1932, § 8160; T.C.A. (orig. ed.), § 30-306.