The bond of the public administrator shall run to the state of North Dakota for the benefit of any party who may be damaged by a breach of the conditions thereof. Whether the bond is issued by the state bonding fund or by a surety company, it shall guarantee that the public administrator will:
1. Faithfully discharge all the duties of the office.2. Account annually to the judge of the district court for all estates and property under the public administrator's official control and care, or whenever required so to do by the judge.3. Turn over to the successor in office all property and estates in the public administrator's official care and control, and truly account for the same.4. Turn over all property and estates in the public administrator's official care and control to any other administrator, executor, or guardian designated by the judge of the district court, and truly account for the same.5. Perform such other acts and duties properly relating to the office as may be ordered by the district judge. The bond shall be approved and endorsed as provided for administrators and executors.