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43-2-517
Section 43-2-517 Appointment and compensation of special guardian. The jurisdiction of the
probate court to make partial or final settlements or distributions of the estates of decedents
is not affected by the fact that the executor or administrator making the settlement is also
guardian of any heir or distributee, devisee or legatee of the decedent; but in such case
the court must appoint a special guardian, without bond, to represent such heir or distributee,
devisee or legatee on the settlement and distribution; and, upon final settlement, any decree
to which such ward may be entitled must be rendered against the executor or administrator
in the name of the special guardian for the use of the ward; and thereafter the executor or
administrator, in the capacity of guardian, shall be accountable for such decree. The special
guardian shall be entitled to reasonable compensation for his services and for the services
of counsel properly employed to be allowed by the court and to be paid...
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43-2-557
Section 43-2-557 Proceedings on final settlement of account. On the day appointed for auditing
such account, any person may attend on the part of such executor or administrator or, if dead,
of his personal representative or, in case of his removal from the state, his sureties
and show that he is entitled to additional credits; and any person interested may attend and
contest any item of such account or in any previous account, or may show assets not accounted
for, or that such executor or administrator has failed to collect any assets from want of
due diligence, or that, by any abuse of or failure to discharge his trust, such assets, or
any portion thereof, have been injured, destroyed or depreciated; and, in case of such proof,
the executor or administrator or, if dead, his personal representative or, in case
of his removal from the state, his sureties must be charged therewith. On such settlements,
decrees must be rendered as upon like settlements voluntarily made. (Code 1852,...
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43-2-558
Section 43-2-558 Setting aside decree. If, however, such executor or administrator or, if dead,
his personal representative or, in event of his removal from the state, his sureties
appear and file his accounts and vouchers for settlement and pay such costs as have accrued
upon the proceedings had under sections 43-2-555 through 43-2-557, the court may set aside
such decree and proceed as if none had been rendered. (Code 1886, §2181; Code 1896, §249;
Code 1907, §2700; Acts 1923, No. 492, p. 655; Code 1923, §5933; Code 1940, T. 61, §328.)...
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12-11-1
Section 12-11-1 Circuit court in every county. (a) There is provided in every county in the
state a circuit court with all the jurisdiction and powers that are conferred on the circuit
court by the Constitution and laws of this state. (b) Persons elected to or appointed to a
circuit court judgeship must have been admitted to practice law in this state a combined total
of seven years or more, or admitted to practice law by any other state for a combined total
of seven years or more, prior to beginning a term of office or appointment to serve a vacant
term of office. In addition, the person must not have received from any state or state bar
association a suspension or disbarment within the 10 years preceding election or appointment.
(Acts 1915, No. 217, p. 279; Code 1923, §6677; Code 1940, T. 13, §127; Act 2009-562, p.
1632, §1; Act 2019-539, §1.)...
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26-2A-139
Section 26-2A-139 Bond. (a) The court must require a conservator to furnish a bond payable
to the judge of probate conditioned upon faithful discharge of all duties of the trust according
to law, with sureties as it shall specify. Unless otherwise directed, the bond must be in
the amount of the aggregate capital value of the property of the estate in the conservator's
control, plus one year's estimated income, and minus the value of securities deposited under
arrangements requiring an order of the court for their removal and the value of any land which
the fiduciary, pursuant to Section 26-2A-152(d), lacks power to sell or convey without court
authorization. The court, in lieu of sureties on a bond, may accept other collateral for the
performance of the bond, including a pledge of securities or any other assets or a mortgage
of land. (b) The court may at any time reduce the bond of the conservator or require the conservator
to provide additional or larger bond as may seem to be proper...
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26-3-8
Section 26-3-8 Giving of new bond by conservator upon application for discharge from liability
of surety - Required; effect of failure to give bond. Upon the application in writing of any
surety or sureties upon the bond of a conservator requesting to be discharged from future
liability as such surety or sureties or upon the application in writing of the personal
representative or of an heir or devisee of a deceased surety upon such bond requesting that
the estate of such deceased surety be discharged from future liability by reason of such suretyship,
it shall be the duty of the court to give such conservator notice of such application and
to require him or her, within 15 days after the service of the notice, to make a new bond.
Upon the failure to make such bond, such conservator shall be removed and his or her letters
revoked and upon such removal he or she shall make settlement of his or her conservatorship.
Any number of persons having the right to make application under this...
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35-5A-2
court. (6) CUSTODIAL PROPERTY. a. Any interest in property transferred to a custodian under
this chapter and b. The income from and proceeds of that interest in property. (7) CUSTODIAN.
A person so designated under Section 35-5A-10 or a successor or substitute custodian designated
under Section 35-5A-19. (8) FINANCIAL INSTITUTION. A bank, trust company, savings institution,
or credit union, chartered and supervised under state or federal law. (9) LEGAL REPRESENTATIVE.
An individual's personal representative or conservator. (10) MEMBER OF THE MINOR'S
FAMILY. The minor's parent, stepparent, spouse, grandparent, brother, sister, uncle, or aunt,
whether of the whole or half blood or by adoption. (11) MINOR. An individual who has not attained
the age of 21 years. (12) PERSON. An individual, corporation, organization, or other legal
entity. (13) PERSONAL REPRESENTATIVE. An executor, administrator, successor personal
representative, or special administrator of a decedent's estate or a...
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35-6-81
Section 35-6-81 Report of sale by guardian to court. Within three months after making any such
sale, such guardian shall report the same under oath to the court having jurisdiction of his
administration of the estate of such ward. If the whole of the share of such ward in the proceeds
of such sale shall have been paid when such report is made, such fact shall be stated therein,
and the guardian shall therein apply to the court for authority to make a conveyance of the
interest of said ward in the lands or realty so sold to the purchaser. Such report shall set
forth the name, residence, and age of such ward, and of the person in whose custody he is,
and the name and residence of the adult next of kin of said ward, resident in the state and
not interested in such sale; if there be more than one such next of kin of the same degree,
such report must set forth the names and residences of all of them resident in this state.
(Code 1907, §5254; Code 1923, §9358; Code 1940, T. 47, §220.)...
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26-5-16
Section 26-5-16 Compensation of conservator - Commissions generally; allowances for actual
expenses and for special or extraordinary services rendered; premiums on bond. A conservator
is entitled for his or her services to reasonable compensation. On final settlement, an allowance
must be made of actual expenses necessarily incurred by him or her and, for special or extraordinary
services rendered, such compensation must be allowed the conservator as is just, but no allowance
of actual expenses or for special or extraordinary services must be made except upon an itemized
account, verified by affidavit, of such expenses or of such special or extraordinary services,
and in its decree the court must state each item for such services for which compensation
is allowed. The conservator shall be allowed all reasonable premiums paid on his or her bond
as conservator. (Code 1886, §2465; Code 1896, §2350; Code 1907, §4440; Code 1923, §8213;
Code 1940, T. 21, §143; Acts 1987, No. 87-590, p....
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27-44-11
Section 27-44-11 Duties and powers of commissioner; appeal and review; notification. In addition
to the duties and powers enumerated elsewhere in this chapter: (1) The commissioner shall:
a. Upon request of the board of directors, provide the association with a statement of the
premiums in the appropriate states for each member insurer. b. When an impairment is declared
and the amount of the impairment is determined, serve a demand upon the impaired insurer to
make good the impairment within a reasonable time. Notice to the impaired insurer shall constitute
notice to its shareholders, if any. The failure of the insurer to promptly comply with such
demand shall not excuse the association from the performance of its powers and duties under
this chapter. c. In any liquidation or rehabilitation proceeding involving a domestic insurer,
petition the court of competent jurisdiction to have the chief of the receivership division
appointed as the liquidator or rehabilitator. If a foreign or...
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