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Session Laws, 1943
Volume 584, Page 644   View pdf image (33K)
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044 LAWS OF MARYLAND. [CH. 523

(D) If the guardian is accountable for property derived
from sources other than the Veterans Administration, he shall
be accountable as is or may be required under the applicable
law of this State pertaining to the property of minors or per-
sons of unsound mind who are not beneficiaries of the Veterans
Administration, and as to such other property shall be entitled
to the compensation provided by such law. The account for
other property may be combined with the account filed in ac-
cordance with this section.

69. (PENALTY FOR FAILURE TO ACCOUNT. ) If any guardian
shall fail to file with the court any account as required by
this sub-title, or by an order of the court, when any account
is due or within thirty days after citation issues as provided
by law, or shall fail to furnish the Veterans Administration
a true copy of any account, petition or pleading as required
by this sub-title, such failure may in the discretion of the court
be ground for his removal.

70. (COMPENSATION OF GUARDIANS. ) Compensation pay-
able to guardians shall be based upon services rendered and
shall not exceed 5% of the amount of moneys received during
the period covered by the account. In the event of extraordi-
nary services by any guardian, the court, upon petition and
hearing thereon may authorize reasonable additional compensa-
tion therefor. A copy of the petition and notice of hearing
thereon shall be given the proper office of the Veterans Admin-
istration in the manner provided in the case of hearing on a
guardian's account or other pleading. No commission or com-
pensation shall be allowed on the moneys or other assets re-
ceived from a prior guardian nor upon the amount received
from liquidation of loans or other investments.

71. (INVESTMENTS. ) Every guardian shall invest the sur-
plus funds of his ward's estate in such securities or property
as authorized under the laws of this State but only upon prior
order of the court; except that the funds may be invested,
Without prior court authorization, in direct unconditional in-
terest-bearing obligations of this State or of the United States
and in obligations the interest and principal of which are un-
conditionally guaranteed by the United States. A signed
duplicate or certified copy of the petition for authority to
invest shall be furnished the proper office of the Veterans
Administration, and notice of hearing thereon shall be given
said office as provided in the case of hearing on a guardian's
account.

•72. (MAINTENANCE AND SUPPORT. ) A guardian shall not
apply any portion of the income or the estate for the support

 

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Session Laws, 1943
Volume 584, Page 644   View pdf image (33K)
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