General Laws of Massachusetts - Chapter 202 Sales, Mortgages and Leases of Real Estate by Executors, Administrators, Guardians and Conservators - Section 26 Property of minors sold for investment; disposition of proceeds of sale

Section 26. If the sale is made by a person other than the guardian, the proceeds shall forthwith be paid to the guardian upon his giving to the judge of probate a bond with sufficient sureties conditioned to account for such proceeds. If there is no guardian, the proceeds shall be placed on interest or invested by the person authorized to sell the property, in like manner as is required of a guardian.

Section:  Previous  20  20A  21  22  23  24  25  26  27  28  29  30  31  32  33  Next

Last modified: September 11, 2015