Okla. Stat. tit. 30, § 30-1-121
This is the official text of Okla. Stat. tit. 30, § 30-1-121, part of Oklahoma’s Stat. tit. 30, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 30,." Browse the sections below, each linked to its official government source.
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Guardian of the property - Power - Fiduciary duty
Official statutory text
A. A guardian of the property must keep safely the property of
his ward. He must not permit any unnecessary waste or destruction
of the real property, nor make any sale of such property without the
order of the court, but must so far as it is in his power, maintain
the same, with its buildings and appurtenances, out of the income or
other property of the estate, and deliver it to the ward or the
successors of the ward at the close of his guardianship, in as good
condition as he received it.
B. A guardian of the property, in relation to powers conferred
pursuant to the provisions of the Oklahoma Guardianship and
Conservatorship Act, shall act as a fiduciary and shall perform,
diligently and in good faith, as a prudent person would in managing
his own property, not with regard to speculation but with regard to
conservation and growth, and the specific duties and powers assigned
by the court.
R.L. 1910, § 3335. Amended by Laws 1988, c. 329, § 21, eff. Dec. 1,
1988. Renumbered from § 16 of this title by Laws 1988, c. 329, §
134, eff. Dec. 1, 1988. Amended by Laws 1990, c. 323, § 18,
operative July 1, 1990.
his ward. He must not permit any unnecessary waste or destruction
of the real property, nor make any sale of such property without the
order of the court, but must so far as it is in his power, maintain
the same, with its buildings and appurtenances, out of the income or
other property of the estate, and deliver it to the ward or the
successors of the ward at the close of his guardianship, in as good
condition as he received it.
B. A guardian of the property, in relation to powers conferred
pursuant to the provisions of the Oklahoma Guardianship and
Conservatorship Act, shall act as a fiduciary and shall perform,
diligently and in good faith, as a prudent person would in managing
his own property, not with regard to speculation but with regard to
conservation and growth, and the specific duties and powers assigned
by the court.
R.L. 1910, § 3335. Amended by Laws 1988, c. 329, § 21, eff. Dec. 1,
1988. Renumbered from § 16 of this title by Laws 1988, c. 329, §
134, eff. Dec. 1, 1988. Amended by Laws 1990, c. 323, § 18,
operative July 1, 1990.
Status: in_force · Read it on the official government site
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