South Dakota § 29A-3-604 - Bond amount--Security--Reduction--Procedure.
Full text of South Dakota South Dakota Codified Laws § 29A-3-604 — Bond amount--Security--Reduction--Procedure., with citation guidance and answers to common questions.
§ 29A-3-604. Bond amount--Security--Reduction--Procedure.
(a) If bond is required and the provisions of the will or order of appointment do not specify the amount, unless stated in the application or petition, the person qualifying as personal representative shall file a statement under oath with the clerk indicating the person's best estimate of the value of the personal estate of the decedent and of the income expected from the personal and real estate during the next year, and shall execute and file a bond with the clerk, or give other suitable security, in an amount not less than the estimate. The clerk shall determine that the bond is duly executed by a corporate surety, or one or more individual sureties whose performance is secured by pledge of personal property, mortgage on real property, or other adequate security.
(b) The clerk may permit the amount of the bond to be reduced by the value of assets of the estate deposited with a financial institution, as defined in § 29A-6-101, that is located in this state and in a manner that prevents their unauthorized disposition.
(c) On petition of the personal representative or another interested person, the court may require bond, increase or reduce the amount of the bond, release sureties, or permit the substitution of another bond with the same or different sureties.
Source: SL 1994, ch 232, § 3-604; SL 1995, ch 167, § 118; SL 2025, ch 90, § 4.
Source: official South Dakota text · Last verified 2026-08-27
Frequently Asked Questions About South Dakota § 29A-3-604
What does South Dakota Codified Laws § 29A-3-604 cover?
Section 29A-3-604 ("Bond amount--Security--Reduction--Procedure.") is part of the South Dakota Codified Laws, the codified statutory law of South Dakota. 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 South Dakota § 29A-3-604?
A common citation format is "South Dakota Codified Laws § 29A-3-604" (South Dakota). 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 South Dakota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Dakota official source linked on this page or consult a licensed South Dakota attorney.
How does South Dakota § 29A-3-604 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Dakota 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 South Dakota.