Pub. L. 89-183, pt. III, tit. 20, ch. 11, sec. 20–1110

Appointment of trustee to sell real estate; bond

EnactedYear: 1965Length: 214 wordsOfficial source
§ 20–1110. Appointment of trustee to sell real estate; bondWhen a person dies having devised real estate to be sold, without having appointed a trustee to sell the property, or if the person so appointed neglects or refuses to execute the trust-, or dies before the execution of the trust, the United States District Court for the District of Columbia may, on the application of a person interested, appoint a trustee to sell and convey the property and apply the proceeds of sale to the purposes intended. Where a trustee is appointed by last will to execute a trust, and a person interested in the execution of the trust makes it appear that it is necessary for the safety of those interested therein that the trustee should give bond and security for the due execution of the trust, the Court, may order and direct that a bond be given by the trustee by a day named, and on failure of the trustee to give the bond, with security to be, approved by the court as directed, the court may displace the trustee and appoint another in his stead, who shall give the bond. The bond shall be given to the United States and may be sued on for the use of a person interested.
Pub. L. 89-183, pt. III, tit. 20, ch. 11, sec. 20–1110: Appointment of trustee to sell real estate; bond | Justis AI