2109.19 Bond of indemnity to surety. - Ohio Statutes

2109.19 Bond of indemnity to surety.

If a fiduciary wastes or unfaithfully administers an estate, on the application of a surety on the fiduciary’s bond the probate court granting letters of appointment to such fiduciary may order him to render an account and to execute to such surety a bond of indemnity with sureties approved by the court. Upon neglect or refusal to execute such bond within the time ordered, the court may remove such fiduciary, revoke his letters of appointment, and appoint another fiduciary in his place.

Effective Date: 10-01-1953