2129.26 Bond.

OHIO STATUTES AND CODES

When it appears to the probate court granting the order of sale set forth in section 2129.25 of the Revised Code that the foreign executor or administrator is bound with sufficient surety in the state or country in which he was appointed to account for the proceeds of such sale, for the payment of debts or legacies, and for charges of administration, and an authenticated copy of such bond is filed in court, no further bond for that purpose shall be required of him. When the court finds that such bond is insufficient, before making such sale, such foreign executor or administrator must give bond to this state with two or more sufficient sureties, conditioned to account for and dispose of such proceeds for the payment of the debts or legacies of the deceased and the charges of administration according to the laws of the state or country in which he was appointed.

When such foreign executor or administrator is authorized by order of the court to sell more than is necessary for the payment of debts, legacies, and charges of administration, before making the sale, he shall give bond with two or more sufficient sureties to this state, conditioned to account before the court for all the proceeds of the sale that remain and to dispose of such proceeds after payment of such debts, legacies, and charges.

Effective Date: 10-01-1953