(a)  Duty to file.- Before taking charge of an estate, a receiver shall file a bond in the court in which the receiver has been appointed and an assignee shall file a bond in the court in which a petition to assume jurisdiction of the estate has been filed. 

(b)  Amount of bond.- Notwithstanding any contrary provision in Rule 1-402, the amount of the bond shall be no greater than the net value of the property of the estate. In the event of a later sale of property by the receiver or assignee, the court shall evaluate the bond previously filed and may permit a decrease in the amount of the bond. 

(c)  Motion to modify amount of bond; notice.- If a motion to modify the amount of a bond is filed pursuant to Rule 1-402, notice shall be given to such persons as the court may direct. 

(d)  Terms of bond.- The bond shall be to the State of Maryland and shall be conditioned upon the faithful discharge of the duties of the receiver or assignee. 

(e)  Payment of bond premium from estate.- Unless the court orders otherwise, a receiver or assignee is entitled to pay and be allowed the cost of the premium out of the estate.