Any executor or administrator who has obtained letters testamentary or of administration on the estate of a person who was not, at the time of his or her death, an inhabitant of this state, in any other of the United States, and who has not obtained letters of administration thereon in this state, as authorized by Article 8 of Chapter 2 of this title, may maintain civil actions and recover or receive property in this state: (1) By recording, at any time before judgment or the receipt of the property, a copy of his or her letters, duly authenticated according to the laws of the United States, in the office of the judge of probate of the county in which such civil action is brought or property received; or (2) By giving bond, with at least two good and sufficient sureties, payable to and approved by such judge of probate, in such amount as he or she may prescribe, to be determined with reference to the value of the property to be recovered or received and conditioned to faithfully administer such recovery or property according to law.
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