Special bond of executor

§ 20–304. Special bond of executor (a) When the executor is the residuary legatee of the personal estate of the testator, or if the residuary legatee of full age notifies his consent to the court, he may, instead of the bond prescribed by section 20–302 or 20–303, give bond with security approved by the court, in a penalty prescribed by the court, conditioned to pay all the debts and just claims against the testator, all damages which may be recovered against him as executor, and all legacies bequeathed by the will. In this case, he may not be required to file an inventory or render an account. (b) If the executor gives a special bond as provided by this section, he is personally answer able for the full amount of all debts, claims, and damages that may be recovered against him as executor as if he were sued m his own right, and a legatee may recover the full amount of his legacy in a suit on the executor’s bond, and the giving of the bond shall be considered an assent to the legacy. The sureties on the bond are not liable for a greater amount than the penalty thereof.