MARVIN MANDEL, Governor                                   203

THE AMOUNT OF THE BOND MAY NOT BE LESS THAN THE
ESTATE DERIVED FROM VETERANS ADMINISTRATION BENEFITS PAID
TO THE GUARDIAN OR HIS PREDECESSOR AND ANTICIPATED INCOME
OF THE BENEFICIARY FROM THE VETERANS ADMINISTRATION
DURING THE ENSUING YEAR, LESS THE VALUE OF SECURITIES OR
MONEY DEPOSITED WITH AN INSURED FINANCIAL INSTITUTION, AS
DEFINED IN §13-301(G) OF THIS ARTICLE UNDER ARRANGEMENTS
REQUIRING AN ORDER OF THE COURT FOR THEIR REMOVAL, AND
THE VALUE OF ANY LAND WHICH THE GUARDIAN, BY EXPRESS
LIMITATION OF POWER, LACKS POWERS TO SELL OR CONVEY
WITHOUT COURT AUTHORIZATION. THE COURT FOR GOOD CAUSE
SHOWN MAY REQUIRE THE AMOUNT OF THE BOND TO BE CHANGED.
BOND PREMIUMS SHALL BE CHARGED AGAINST THE ESTATE OF THE
BENEFICIARY.

REVISOR'S NOTE: This section presently appears as
Art. 93A, §803. The section is divided into
two subsections for organizational purposes.
The only other changes are in style.

13-804. ACCOUNTING.

(A)   ACCOUNTS.

EVERY GUARDIAN OF A BENEFICIARY WHO IS RECEIVING
BENEFITS FROM THE VETERANS ADMINISTRATION OR WHOSE ESTATE
INCLUDES ASSETS DERIVED IN WHOLE OR IN PART FROM BENEFITS
PAID BY THE VETERANS ADMINISTRATION TO THE GUARDIAN OR
HIS PREDECESSOR FOR THE BENEFICIARY SHALL FILE

(1)    ANNUAL ACCOUNTS WITH EACH INTERESTED
PERSON OR WITH THE COURT. IF HE DOES NOT FILE AN
ACCOUNTING WITH THE COURT, HE SHALL FILE WITH THE COURT A
WRITTEN VERIFICATION THAT HE HAS DELIVERED THE ACCOUNTING
TO EACH INTERESTED PERSON.

(2)    A FINAL ACCOUNT OF HIS ADMINISTRATION
WITH THE COURT UPON HIS RESIGNATION OR REMOVAL OR UPON
THE TERMINATION OF THE MINORITY OR DISABILITY.

(3)   INTERMEDIATE ACCOUNTS AT THE TIMES AS THE
COURT MAY DIRECT.

(B)   EXHIBITS.

THE GUARDIAN, AT THE TIME OF FILING ANY ACCOUNT WITH
THE COURT, SHALL EXHIBIT ALL SECURITIES OR INVESTMENTS
HELD BY HIM TO THE JUDGE OR CLERK OF THE COURT OF HIS
APPOINTMENT WHO SHALL ENDORSE ON THE ACCOUNT AND COPY A
CERTIFICATE THAT THE SECURITIES OR INVESTMENTS SHOWN
THEREIN AS HELD BY THE GUARDIAN WERE EACH EXHIBITED TO
HIM AND NOTING ANY OMISSION OR DISCREPANCY. THE GUARDIAN
MAY EXHIBIT THE SECURITIES OR INVESTMENTS TO AN OFFICER
OF THE BANK OR OTHER DEPOSITORY WHERE THE SECURITIES OR