§560:3-605  Demand for bond by
interested person.  Any person apparently having an interest in the estate
worth in excess of $1000, or any creditor having a claim in excess of $1000,
may make a written demand that a personal representative give bond.  The demand
shall be filed with the court and a copy mailed to the personal representative,
if appointment and qualification have occurred.  Thereupon, if ordered by the
court, bond is required, but the requirement ceases if the person demanding
bond ceases to be interested in the estate, or if bond is excused as provided
in section 560:3-603 or 560:3-604.  After the personal representative has
received notice and until the filing of the bond or cessation of the
requirement of bond, the personal representative shall refrain from exercising
any powers of the office except as necessary to preserve the estate.  Failure
of the personal representative to meet a requirement of bond by giving suitable
bond within thirty days after receipt of notice is cause of the personal
representative's removal and appointment of a successor personal
representative. [L 1996, c 288, pt of §1; am L 1997, c 244, §9]