560                                 Laws of Maryland                        [Ch. 259

ments to an officer of the bank or other depository wherein said
securities or investments are held for safe-keeping, to the judge or
clerk of a court of record in this state, to an authorized representa-
tive of the corporation which is surety on his bond, or upon request
of the guardian or other interested party, to any other reputable
person designated by the court, who shall certify in writing that he
has examined the securities or investments and identified them with
those described in the account and shall note any omissions or dis-
crepancies. Such certificate, and the certificate of an official of the
bank in which are deposited any funds for which the guardian is
accountable, showing the amount on deposit, shall be prepared and
signed in duplicate and one of each shall be filed by the guardian
with his account.

(c) Copies and Duplicates. At the time of filing in the court any
account, a certified copy thereof and a signed duplicate of each cer-
tificate filed with the court shall be sent by the guardian to the office
of the Veterans Administration having jurisdiction over the area in
which such court is located. A duplicate signed copy or a certified
copy of any petition, motion or other pleading pertaining to an
account, or to any matter other than an account which is filed in a
guardianship proceeding, in which the Administrator of Veterans
Affairs is an interested person, shall be furnished by the persons
filing the same to the proper office of the Veterans Administration.

805.    Investment of Assets of Veterans Administration Beneficiary.

Every guardian of a Veterans Administration beneficiary shall
invest the surplus funds of his beneficiary's estate derived from
Veterans Administration benefits paid to the guardian or his pred-
ecessor for the beneficiary 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 author-
ization, in direct unconditional interest-bearing obligations of this
State or of the United States, in Banks and Savings and Loan Asso-
ciations whose deposits are federally insured and in obligations the
interest and principal of which are unconditionally 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.

806.    Assets Not Subject to Commission.

No commission or compensation shall be allowed a guardian of a
Veterans Administration beneficiary on the money or other assets
received from a prior fiduciary nor upon the amount received from
liquidation of loans or other investments if such money, assets, loans
or investments were derived in whole or in part from benefits paid
by the Veterans Administration to the guardian or his predecessor
for the beneficiary.

Sec. 2. And be it further enacted, That this Act shall take effect
July 1, 1971.

Approved April 29, 1971