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2018 Georgia Code 29-5-42 | Car Wreck Lawyer

TITLE 29 GUARDIAN AND WARD

Section 5. Conservators of Adults, 29-5-1 through 29-5-140.

ARTICLE 5 CONSERVATOR'S BOND AND OTHER OBLIGATIONS

29-5-42. Reduction in bond.

If the value of the ward'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.

(Code 1981, §29-5-42, enacted by Ga. L. 2004, p. 161, § 1.)

JUDICIAL DECISIONS

Cited in In re Estate of Gladstone, 303 Ga. 547, 814 S.E.2d 1 (2018).

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.

Cases Citing Georgia Code 29-5-42 From Courtlistener.com

Total Results: 1

In re Estate of Gladstone

Court: Supreme Court of Georgia | Date Filed: 2018-05-07

Citation: 814 S.E.2d 1

Snippet: represented the value of the ward's estate. See OCGA § 29-5-42 (reduction in bond allowed if value of ward's estate