Printable Format59-1107. New bond; discharge of surety. The court shall, upon application of a surety and after notice, require a fiduciary to settle his or her account and file a new bond. If such account is approved, the surety shall be discharged from liability thereafter accruing. The fiduciary shall file a new bond, to be approved by the court, and if the fiduciary fails or refuses to do so he or she shall be removed.
History: L. 1939, ch. 180, ยง 87; July 1.
Source or prior law:
22-270, 22-272, 22-1007, 22-1008, 38-203, 38-207, 38-231.
Cross References to Related Sections:
Procedure, see 59-2201 et seq.
CASE ANNOTATIONS
1. Discussed; foreign corporation cannot serve as testamentary trustee of Kansas testator's estate. In re Estate of Lowe, 155 K. 679, 688, 127 P.2d 512.
2. Court has jurisdiction and supervision of trust even if will provides otherwise. In re Estate of Porter, 164 K. 92, 99, 187 P.2d 520.