Indiana Code Title 29. Probate § 29-1-7.5-2.5

Sec. 2.5. (a) A personal representative is not required to execute and file a bond relating to the duties of the personal representative's office under this chapter unless:

(b) If a bond is required under subsection (a):

under IC 29-1-11.

(c) If a personal representative is not an Indiana resident or ceases to be an Indiana resident, the personal representative at the discretion of the court shall execute and file a bond under IC 29-1-10-1.  The amount of the bond may be increased, decreased, or reduced to zero (0) at the court's discretion.