§38-1-12. Bond of new trustee appointed by court; recordation.
Of a trustee appointed by the court under the provisions of
section ten of this article, bond shall be required in the
penalty of at least the full value of the property which may come
into his hands, which bond may be given before and approved by
such court or judge, or be given before and approved by the clerk
of the county court of such county, upon the order of such
circuit court or judge, and shall be filed by such clerk in his
office, and recorded as provided in section eleven of this
article, and shall be with like condition as the bond given by a
trustee named in the trust deed.