2011 Vermont Code
Title 14 Decedents' Estates and Fiduciary Relations
Chapter 113 UNIFORM VETERANS' GUARDIANSHIP ACT
§ 3113 Investments


14 VT Stats § 3113. (2011 through Adj Sess) What's This?

§ 3113. Investments

A guardian shall invest the surplus funds of his or her wards' estate in such securities or property as authorized under the laws of this state, but only upon prior order of the court; except that the funds may be invested, without prior court authorization, in direct unconditional interest bearing obligations of this state or of the United States and in obligations the interest and principal of which are unconditionally guaranteed by the United States. A signed duplicate or certified copy of the petition for authority to invest shall be furnished the proper office of the Veterans' Administration, and notice of hearing thereon shall be given such office as provided in the case of hearing on the guardian's account.

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