Power to borrow money, make gifts, etc
Applied in 1 court decision — leading case Stautzenberger v. Stautzenberger (2013)
Most recently applied in Stautzenberger v. Stautzenberger (April 2013)
Acts 1985, No. 940, § 31; A.S.A. 1947, § 57-850.
(1) Upon a showing that the action would be advantageous to the ward and his or her estate, the court may authorize the guardian to borrow money, to execute notes and other legal evidences of indebtedness, and to mortgage property of the ward in accordance with the provisions of § 28-65-314.
(2) Upon a showing that the action would be advantageous to the ward and his or her estate, the court may authorize the guardian to make gifts and disclaimers on behalf of the ward.
Current official text: Arkansas General Assembly. Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Arkansas statutes; confirm against the official source for the current text. Not legal advice.