Guam § 2019 - Security May Be Provided By Payment of Estate Income Into

§ 2019. Security May Be Provided By Payment of Estate Income Into

Court.

Security for the faithful performance of the personal representative's

trust, as required by Section 2011 of this Title, may in the discretion of

the Superior Court of Guam be provided, in whole or in part, by the

payment of regularly-received income of the estate to the Clerk of the

Superior Court of Guam, who shall deposit the same into one or more

interest-bearing accounts upon receipt thereof; provided, that if the

Superior Court of Guam orders that security for the faithful performance

of the personal representative shall be provided, in whole or in part, as

set forth hereinabove in this Section, letters shall not issue to the personal

representative until the Superior Court of Guam is satisfied that each

person who pays such regular income to the estate and who is affected by

such order has been served with a copy of such order, and agreed in

writing that such money will be paid to the Clerk of the Superior Court

COL10312014

CH. 20 OATH, FORM OF LETTERS, AND SECURITY FOR

FAITHFUL PERFORMANCE OF PERSONAL REPRESENTATIVE

of Guam, such writing to be filed with the Clerk of the Superior Court of

Guam.