CODE TITLE XVI--OF SURETYSHIP

CHAPTER 1.  SURETYSHIP

PART I.  IN GENERAL

§3901.  Premium on bond, expense of administration

Any executor, administrator, curator, tutor, liquidator, receiver, syndic, or other similar officer appointed or confirmed by any court of the state who is required to give bond, may charge among the expenses of his administration the premium paid therefor to any surety company authorized to do business in this state, provided that the amount of the premium does not exceed one-half of one per centum upon the amount of the bond.