Allowance for cost of bond; limitation.

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78-108. Allowance for cost of bond; limitation.
Any receiver, assignee, conservator, committee, trustee, executor or administrator required by law or by the order of any court to give a bond as such, may include, as part of the lawful expense of executing his or her trust, such reasonable sum paid a company authorized under the laws of this state so to do for becoming surety on such bond as may be allowed by the court in which he or she is required to account not exceeding, however, one percentum per annum on the amount of such bond.

History: L. 1901, ch. 268, § 1; R.S. 1923, 78-108; L. 1965, ch. 508, § 1; Jan. 1, 1966.


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