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§ 34-5-121. Application of Other Laws

Except where inconsistent with this chapter, the laws of this state relating to guardian and ward and the judicial practice relating to those laws, including the right to trial by jury and the right of appeal, shall be applicable to beneficiaries and their estate.

§ 34-5-122. Application of Chapter

The provisions of this chapter relating to surety bonds and the administration of estates of wards shall apply to all “income” and “estate,” as defined in this chapter, whether the guardian has been appointed under this chapter or under any other law of this state, special or general, prior or subsequent to the enactment of […]

§ 34-5-110. Bond of Guardian

Upon the appointment of a guardian, the guardian shall execute and file a bond to be approved by the court in an amount not less than the estimated value of the personal estate and anticipated income of the ward during the ensuing year. The bond shall be in the form and be conditioned as required […]

§ 34-5-111. Accounts — Certificate of Examination of Securities or Investments — Copies Sent to Veterans Administration Office — Notice of Hearing — Property Derived From Other Sources

Every guardian who has received or shall receive on account of a ward any moneys or other thing of value from the veterans administration shall file with the court annually, on the anniversary date of the appointment, in addition to such other accounts as may be required by the court, a full, true and accurate […]

§ 34-5-112. Failure to Account or Furnish Copies — Penalty

If any guardian fails to file with the court any account as required by this chapter, or by an order of the court, when any account is due or within thirty (30) days after citation issues as provided by law, or fails to furnish the veterans administration a true copy of any account, petition or […]

§ 34-5-113. Compensation of Guardians

Compensation payable to guardians shall be based upon services rendered and shall not exceed seven percent (7%) of the amount of moneys received during the period covered by the account; provided, that the court may approve compensation of not to exceed two hundred fifty dollars ($250) per year in any case in which seven percent […]

§ 34-5-114. Investment of Funds

Every guardian shall invest the corpus of all funds of the guardian’s ward, coming into the guardian’s hands, only in the following types of securities in which the guardian shall have no interest, directly or indirectly: The direct bonds and obligations of the United States, or in mutual fund shares of a registered investment company […]

§ 34-5-115. Time Allowed to Make Investment

Pending time the investments are being made by the guardian, the guardian shall not be chargeable with interest; provided, that the guardian shall not be allowed more than four (4) months in which to make the investment. If the guardian does not make specified investments in or on the securities named  in § 34-5-114, the […]

§ 34-5-116. Maintenance and Support

A guardian shall not apply any portion of the income or the estate for the support or maintenance of any person other than the ward, the spouse and the minor children of the ward, except upon petition to and prior order of the court after a hearing. A signed duplicate or certified copy of the […]