WVC 37 - 1 - 14
§37-1-14. Bond for proceeds.
In case such sale or lease be made, the guardian or
committee shall enter into bond, with approved security,
conditioned for the faithful application of the proceeds of sale
or lease. And in case of a mortgage or trust deed such guardian
or committee shall enter into bond, with approved security,
conditioned for the faithful application of any moneys which may
come into his hands from the encumbrancing. In either case such
bonds shall be taken in open court, or before the judge in
vacation, or before the clerk, and shall be payable to the state,
in such penalty as shall be prescribed by the court; and the
court may thereafter order a new bond, with other security, to be
given if deemed necessary. If the court shall find that the bond
already given by the guardian or committee is sufficient, no
additional bond need be required.
Note: WV Code updated with legislation passed through the 2016 Regular Session
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