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Act No. 190 Section 644

Bond of executor who is residuary legatee.

Section 644

SEC. 644. Bond of executor who is residuary legatee. — An executor who is a residuary legatee, instead of the bond prescribed in the preceding section, may give a bond in such sum, and with such sureties, as the court directs, with the condition only to pay the debts and legacies of the testator, and in such case he shall not be required to return an inventory. If the testator in his will directs that no bond, or only the individual bond of the executor, be required, instead of the bond prescribed in the preceding section, he may give his individual bond, as directed in the will; but he shall also give a bond in such sum and with such surety as the court requires, with the condition only to pay the debts of the testator; but the court may require of the executor a further bond, in case of a subsequent change in his circumstances, and for other sufficient cause, with the second, third, and fourth conditions named in the preceding section.

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗

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

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