Utah Code § 75-3-603: Bond not required -- Exceptions.

(1) No bond is required of a personal representative appointed in formal or informal proceedings, except:

(a) upon the appointment of a special administrator without notice having been given;

(b) when an executor or other personal representative is appointed to administer an estate under a will containing an express requirement of bond;

(c) when bond is requested prior to appointment, by an interested party; or

(d) when bond is required under Section 75-3-605. No bond is required of any personal representative who is exempted from bond under Title 7, Financial Institutions Act.

(2) A bond required pursuant to this section may be dispensed with upon a determination by the court that it is not necessary.