§ 34-4. Guardian may not be named for more than five wards; exceptions; banks and trust companies, public guardians, or where wards are members of same family.

§34‑4.  Guardian may not be named for more than five wards; exceptions;banks and trust companies, public guardians, or where wards are members of samefamily.

It shall be unlawful for anyperson, other than a public guardian qualified under Article 11, Chapter 35A,General Statutes of North Carolina, to accept appointment as guardian of anyUnited States Veterans Administration ward, if such person shall at the time ofsuch appointment be acting as guardian for five wards. For the purpose of thissection, all minors of same family unit shall constitute one ward. In allappointments of a public guardian for United States Veterans Administrationwards, the guardian shall furnish a separate bond for each appointment asrequired by G.S. 34‑9. If, in any case, an attorney for the United StatesVeterans Administration presents a petition under this section alleging that anindividual guardian other than a public guardian is acting in a fiduciarycapacity for more than five wards and requesting discharge of the guardian forthat reason, then the court, upon satisfactory evidence that the individualguardian is acting in a fiduciary capacity for more than five wards, mustrequire a final accounting forthwith from such guardian and shall discharge theguardian in such case. Upon the termination of a public guardian's term ofoffice, he may be permitted to retain any appointments made during his term ofoffice.

This section shall not applyto banks and trust companies licensed  to do trust business in North Carolina. (1929,c. 33, s. 4; 1967, c. 564, s. 1; 1987, c. 550, s. 19.)