California · Probate Code
PROB §301: (a) A trust company appointed to act as a personal representative, or guardian or conservator of an estate, may not be required to give a bond.
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(a) A trust company appointed to act as a personal representative, or guardian or conservator of an estate, may not be required to give a bond. (b) The liability of a trust company and the manner of its making of oaths and affidavits are governed by Article 3 (commencing with Section 1540) of Chapter 12 of Division 1 of, and Section 1587 of, the Financial Code.
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