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PART II. REAL AND PERSONAL PROPERTY AND DOMESTIC RELATIONS

TITLE II. DESCENT AND DISTRIBUTION, WILLS, ESTATES OF DECEASED PERSONS AND ABSENTEES, GUARDIANSHIP, CONSERVATORSHIP AND TRUSTS

CHAPTER 205. BONDS OF EXECUTORS, ADMINISTRATORS, GUARDIANS, CONSERVATORS, TRUSTEES AND RECEIVERS

EXEMPTION FROM GIVING SURETIES ON BONDS

Chapter 205: Section 6A. National banks

Section 6A. No surety shall be required upon bonds filed by national banks, located in this commonwealth and duly permitted to act in a fiduciary capacity, as executor, administrator, administrator with the will annexed, receiver, assignee, guardian, conservator or trustee under a will or instrument creating a trust for the care and management of property, except that the court appointing such a bank as such a fiduciary, other than as trustee, may upon application of an interested person require the bank so appointed to give such security, in addition to the lien or security provided by the laws of the United States, as the court may consider proper, and upon failure of such bank to give the security required may revoke such appointment and remove such bank.