Georgia § 53-7-66 - Refunding bonds.
Full text of Georgia Official Code of Georgia Annotated § 53-7-66 — Refunding bonds., with citation guidance and answers to common questions.
§ 53-7-66. Refunding bonds.
When litigation against the estate is pending or is threatened or when notice of a claim has been given to the personal representative, the personal representative may demand that the heirs or beneficiaries give refunding bonds to indemnify the personal representative against the claims. Upon the failure of the heirs or beneficiaries to give such bonds, the personal representative may reserve enough of the assets to respond to the claims. (Code 1981, § 53-7-66 , enacted by Ga. L. 1996, p. 504, § 10.)
Frequently Asked Questions About Georgia § 53-7-66
What does Official Code of Georgia Annotated § 53-7-66 cover?
Section 53-7-66 ("Refunding bonds.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 53-7-66?
A common citation format is "Official Code of Georgia Annotated § 53-7-66" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 53-7-66 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.