D.C. Super. Ct. Civ. R. 303

(a) Fiduciaries Must Give Undertaking; How Amount Determined. In trust estates under

the supervision of the court, where there is no specific statutory provision for the giving

of an undertaking, all committees, trustees, and other fiduciaries appointed by the court,

except trust companies as provided in D. C. Code (1967 edition) § 26-333 [§ 26-1333,

2001 Ed.] and national banks as provided in 12 U.S.C. § 92a(f), before entering upon

the discharge of the duties as such fiduciary shall execute an undertaking with surety

approved by the court in a penalty equal to the amount of the personal property, the

annual income therefrom and the yearly rents to be derived from the real estate of such

trust estate, conditioned for the faithful performance of such trust. Should it become

necessary to sell real estate of the trust estate, the fiduciary shall execute such

additional undertaking as may be required by the court before accepting in such

fiduciary capacity the proceeds from the sale of real estate.

(b) Approval by Court: When. Any bond or undertaking required in an action or

proceeding, which is not approvable by the clerk, must be approved by the court. Two

days' written notice of an application to approve any such bond with the name and

address of the surety shall be served on all parties to be secured.

(c) Persons Not Acceptable as Surety. No member of the bar in active practice or other

officer of the court will be accepted as surety.