O.C.G.A.
O.C.G.A. § 29-3-42 (2019)
Reduction of bond
✓ O.C.G.A. (archive.org 2024 item): print volumes of 2004-2024, per-volume vintage; older volumes partly replaced by 2019 Release 73 text; no 2025 or 2026 Acts
Code text and O.C.G.A. statutory annotations on this page reflect the 2019 Official Code of Georgia Annotated (Public.Resource.Org Release 73, 2019-08-21; public domain per Georgia v. Public.Resource.Org, 2020). The Syfert case-law annotations in Notes of Decisions, below, are current.
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If the value of the minor's bonded estate decreases, the court may permit a corresponding reduction in the value of the bond, but this reduction does not affect the liability of the surety for prior waste or misconduct of the conservator.
History
(Code 1981, § 29-3-42, enacted by Ga. L. 2004, p. 161, § 1.)
Annotations
RESEARCH REFERENCES
Am. Jur. 2d. - 39 Am. Jur. 2d, Guardian and Ward, §§ 67, 188 et seq.
C.J.S. - 39 C.J.S., Guardian and Ward, §§ 13, 14, 35, 36, 50 et seq., 283 et seq.
ALR. - Leave of court as prerequisite to action on statutory bond, 2 A.L.R. 563.
Official bond of executor, administrator, guardian, or trustee as covering appeal taken by him, 132 A.L.R. 1280.