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Act No. 190 Section 555

Bond of guardian.

Section 555

SEC. 555. Bond of guardian. — Before the order appointing any person guardian under this chapter takes effect, and before letters of guardianship issue, the judge must require of such person a bond to the minor, with sufficient surety, to be approved by the judge, and in such sum as he shall order, conditioned that the guardian will faithfully execute the duties of his trust according to the law, and the following conditions shall form a part of such bond without being expressed therein: 1. To make an inventory of all the estate, real and personal, of his ward, that comes to his possession or knowledge, and to return the same within such time as the court may order; 2. To dispose of and manage the estate according to law for the best interests of the ward, and faithfully to discharge his trust in relation thereto, and also in relation to the care, custody, and education of the ward; 3. To render an account on oath of the property, estate, and moneys of the ward in his hands, and all proceeds or interest derived therefrom, and of the management and disposition of the same, within three months after his appointment, and at such other times as the judge directs, and at the expiration of his trust, to settle his accounts with the Court of First Instance and to pay over and deliver all the estate, moneys, and effects remaining in his hands, or due from him on such settlement, to the person lawfully entitled thereto. Upon filing the bond duly approved, letters of guardianship must issue from the judge to the person appointed. The oath of the guardian shall be indorsed thereon that he will perform the duties as such guardian according to law.

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Other provisions in CHAPTER XXVII

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationAct No. 190 Section 555 (LawPlayer, data as of 2026-07-04)

Source: Supreme Court E-Library, Republic of the Philippines. Philippine laws are public documents (works of the government).

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