790. The liquidator is not bound to take out insurance or to furnish other security guaranteeing the performance of his obligations, unless the testator or the majority of the heirs require it or the court orders it on the application of any interested person who establishes the need for such a measure.
If a liquidator required to furnish security fails or refuses to do so, he forfeits his office, unless the court relieves him of his default.
1991, c. 64, a. 790; I.N. 2014-05-01; 2016, c. 4, s. 107.