3050Administration bond—addition or reduction after given

3050 Administration bond—addition or reduction after given (1) This rule applies if an administration bond is given under rule 3045 (Administration bond—requirement for bond) for an estate. (2) On the application of anyone interested in the estate or on its own initiative on the registrar’s report, the court may, at any time— (a) require the surety or sureties to give an additional administration bond; or (b) order that the liability of a surety under the bond be reduced by a stated amount. (3) The court may remove the administrator for the estate and appoint someone else in the administrator’s place with power to sue or be sued on any contract made by the removed administrator if— (a) the additional administration bond is not given by the surety or sureties; and (b) the administrator does not produce another surety or other sureties to give the additional bond. (4) For these rules, an additional administration bond under this rule is taken to be an administration bond under rule 3045.

Rule 3051