Legal Definition and Related Resources of Administration Bond

The bond which must be given by a person to whom letters of administration are granted

Browse or run a search for Administration Bond in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Administration Bond in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Administration Bond in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Administration Bond in the Legal Abbreviations and Acronyms Dictionary.

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English Legal System: Administration Bond

In the context of the English law, A Dictionary of Law provides the following legal concept of Administration Bond : A guarantee by a third party, often an insurance company, to make good any loss arising if a person to whom letters of administration have been granted fails to deal properly with the estate. The court usually requires an administration bond as a condition of granting letters of administration only when the beneficiaries are considered to need special protection, e.g. when the administrator lives abroad or where there has been a dispute as to who should administer the estate.