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Section 33-19-7 Executor's or administrator's bond to cover application of proceeds of mortgage or sale.

RI Gen L § 33-19-7 (2019) (N/A)
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§ 33-19-7. Executor's or administrator's bond to cover application of proceeds of mortgage or sale. Every executor or administrator empowered to sell or mortgage real estate as provided in § 33-19-3 shall, before making the sale or mortgage, give bond with a surety or sureties satisfactory to the court that he or she will apply the proceeds of the sale or mortgage to the purposes for which it was made.

History of Section. (C.P.A. 1905, § 744; G.L. 1909, ch. 308, § 11; G.L. 1923, ch. 359, § 11; G.L. 1938, ch. 570, § 11; G.L. 1956, § 33-19-7.)

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Section 33-19-6 Duration of authority to sell or mortgage.
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Section 33-19-8 Guardian's bond to cover proceeds of the sale or mortgage.