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Administration Bond |
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Administration Bond A bond issued by the administrator of an estate. The administration bond provides security in case the administrator causes financial losses due to theft, fraud, or negligence. The administration bond is refunded to the administrator if he/she performs his/her duties in accordance with the law and the decedent's will. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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