Louisiana Revised Statutes 9:1582 – Bond
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Terms Used In Louisiana Revised Statutes 9:1582
- person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
Before entering upon the duties of his office, each public administrator shall file with the governor a bond with security, to be by him approved for the faithful discharge of his duties. Such bond shall be for not less than ten thousand nor more than fifty thousand dollars, at the discretion of the governor, and shall be for the benefit of and may be sued upon by any person interested in any succession administered by the public administrator. The amount of the bond may be increased at any time on the application of any person interested showing an increase to be necessary.
Amended by Acts 1960, No. 497, §1.