CHAPTER 9. ALIENATION OF MINOR’S PROPERTY SECTION 1. GENERAL DISPOSITIONS Art. 4301. Purpose of sale or exchange A tutor may sell or exchange any interest of a minor in property, owned either in its entirety or in indivision, for any purpose, when authorized by the court as provided in Article 4271.
Art. 4302. Terms of sale A sale of minor’s property shall be for cash, unless upon the petition of the tutor the court authorizes a credit sale. When a credit sale is authorized, the order shall specify the terms of the sale and the security.
Art. 4303. Perishable property; crops Upon the petition of the tutor as provided in Article 4321 or 4341, the court may order the immediate sale of perishable property and growing crops either at public auction or private sale, without appraisal, and without advertisement, or with such advertisement as the court may direct.
Art. 4304. Additional bond prior to sale of immovables Before authorizing a sale of a minor’s immovable property, the court may require the tutor to furnish additional security in an amount fixed by the court.
