Hearing; order of court
Sec. 3. Upon the filing of such petition, the court shall proceed to
hear and determine the same either in term time or vacation. If the
court, after being duly advised in the premises, finds that the
execution of said option to purchase would be to the best interests of
the ward's estate and that said option is in proper form and that the
price to be paid for said option and for the interest to be acquired if
the option is exercised is not less than the established price being
paid in the area; the court may thereupon enter an order authorizing
said guardian to sign and execute said option and lease or deed, in
the event the option is exercised, for and upon behalf of his ward.
(Formerly: Acts 1943, c.105, s.3.)
Last modified: May 27, 2006