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This entry was published on 2014-09-22
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Powers of a guardian of the property
Surrogate's Court Procedure Act (SCP) CHAPTER 59-A, ARTICLE 17
§ 1723. Powers of a guardian of the property.

1. A guardian of the property of an infant shall protect, preserve and
manage the property of the infant. He shall have the power to sell the
personal property of the infant for any purpose connected with the
faithful discharge of his trust, including investing such property or
the proceeds thereof, changing investments and disposing of investments,
except where his authority is otherwise limited by court order or
decree, or in the case of a testamentary guardian, by the terms of the
will which appointed him.