93-13-39 - Payment of premiums on ward's life insurance.

§ 93-13-39. Payment of premiums on ward's life insurance.
 

The chancery court or the chancellor in vacation may upon petition of any guardian, authorize the guardian to pay from the current funds or surplus funds of his ward premiums on any insurance policy issued on the life of his ward during the lifetime of the ward's deceased parent, where in the chancellor's opinion the funds of the ward in the guardian's hands and the other property of the ward warrant the continuance of such policies. 
 

Sources: Codes, 1942, § 413.5; Laws,  1948, ch 235, § 1.