The bond must be substantially in the following form:
We, A B, C D, and E F, are bound to the state in the penalty of ____________________ dollars. Witness our hands, this ______________ day of ______________, 20 ____________________. The condition of this obligation is such, that, whereas, the above bound A B has been appointed executor of the will of G H, deceased (or administrator, as the case may be); now, if A B shall well and truly, as such executor (or administrator, as the case may be), perform all the duties that are or may be required by law, which includes paying all court costs, attorney's fees, and other expenses which may be reasonably incurred because of failure of A B to properly account for and utilize all funds coming into the hands of A B, this obligation shall be void, otherwise to remain in full force and virtue.
T.C.A. § 30-1-203