Ohio § 2109.17
Full text of Ohio Ohio Revised Code § 2109.17, with citation guidance and answers to common questions.
§ 2109.17.
If the bond of a fiduciary is executed by personal sureties, one or more of the sureties
shall be a resident of the county in which the fiduciary applies for appointment. The sureties shall own real property worth double the sum to be secured, over and
above all encumbrances, and shall have property in this state liable to execution
equal to the sum to be secured. If two or more sureties are offered on the same bond, they must have in the aggregate
the qualifications prescribed in this section. The sureties shall qualify under oath and may be required to exhibit to the probate
court satisfactory evidence of the ownership of the real property. No corporate surety shall be acceptable on a fiduciary's bond in the probate court
unless the surety is acceptable to the United States government on surety bonds in
the same amount, as shown by the regulations issued by the secretary of the treasury
of the United States, or in any other manner, to the satisfaction of the court. The surety shall also be qualified to do business in this state. A surety on the bond of a fiduciary shall not be held liable for any debt of the fiduciary
to the estate represented by the fiduciary existing at the time the fiduciary was
appointed; but the surety shall be liable to the extent that the debt has been made
uncollectible by wrongful act of the fiduciary after appointment.
Frequently Asked Questions About Ohio § 2109.17
What does Ohio Revised Code § 2109.17 cover?
Section 2109.17 is part of the Ohio Revised Code, the codified statutory law of Ohio. 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 Ohio § 2109.17?
A common citation format is "Ohio Revised Code § 2109.17" (Ohio). 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 Ohio law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Ohio official source linked on this page or consult a licensed Ohio attorney.
How does Ohio § 2109.17 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Ohio 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 Ohio.