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Session Laws, 1969
Volume 692, Page 113   View pdf image
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MARVIN MANDEL, Governor                          113

and hearing, allowing an account of a guardian is conclusive as to
his liabilities concerning the matters disclosed in connection there-
with and an order, after notice and hearing, allowing a final account
is conclusive as to all previously unsettled liabilities of the guardian
to the minor or disabled person or his successors relating to the
guardianship. Releases from the minor or disabled person or his
successors may, but need not, be filed at the termination of the
guardianship. The Court may require, at the time of making or fil-
ing any account, a guardian to submit to a physical check of the
property in his control, to be made in any manner the Court may
specify.

(d) Forms. The form and content of inventories and accounts
shall be prescribed by the Maryland Rules.

210.    Petitions for Orders Subsequent to Appointment.

(a)    Any interested person may file a petition for an order (i)
requiring bond or security or additional bond or security in those
estates where bond can be required, (ii) requiring an accounting of
the administration of the estate, (iii) directing distribution, (iv)
removing the guardian and appointing a successor guardian, or (v)
granting other appropriate relief.

(b)    A guardian may petition the appointing Court for permis-
sion to act in any matter relating to the administration of the estate.

(c)    On hearing after notice, the Court may, upon good cause
shown, issue an appropriate order.

211.    Procedure in Protective Proceedings.

There shall be no jury trial in protective proceedings. Procedures
for notice to interested persons, the forms of petitions, and the con-
duct of and requirements at hearings shall be prescribed by the
Maryland Rules.

212.    Duties of Guardian in Administration.

In the administration of the estate and the exercise of his powers,
a guardian is under a duty to exercise the care and skill of a man of
ordinary prudence dealing with his own property.

213.    Powers of Guardian in Administration.

(a) In general. Without application to, or approval of, or the
ratification by the Court (except as extended or limited under Sec-
tion 215 or under any instrument which appointed the guardian),
a guardian may, in addition to any other common law or statutory
power, properly:

(1)    invest in, sell, mortgage, exchange or lease any property;

(2)    borrow money for the purpose of protecting property and
pledge property as security for such loan;

(3)    effect a fair and reasonable compromise with any debtor,
obligor, creditor or obligee, or extend or renew any obligation owing
by or to the estate;


 

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