§ 2803 - Court may order personalty sold and proceeds invested in real estate
§ 2803. Court may order personalty sold and proceeds invested in real estate
(a) On motion of a guardian, a ward, or relative of a ward, or of a person interested in a ward's estate, by order, the probate court may authorize or require the guardian to sell and transfer stock or other personal estate of the ward, collect demands and invest in real estate the proceeds and the moneys in the hands of the guardian, if the court deems it beneficial to the ward.
(b) The court shall schedule a hearing and notice shall be given as provided by the rules of probate procedure. (Amended 1979, No. 76, § 8; 1985, No. 144 (Adj. Sess.), § 136.)