Okla. Stat. tit. 30, § 30-4-763
This is the official text of Okla. Stat. tit. 30, § 30-4-763, 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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Sale bond by guardian
Official statutory text
Every guardian authorized to sell real estate shall, before the
sale, give bond to the State of Oklahoma, with sufficient surety to
be approved by the court, with condition to sell the same in the
manner and to account for the proceeds of the sale as provided for
by the Oklahoma Guardianship and Conservatorship Act. The court may
order that such bond is not required if the court specifically finds
that the general bond, if any, of the guardian is of a sufficient
penal amount to provide for the proceeds of the sale in addition to
the property secured by said bond or upon a finding by the court
that:
Oklahoma Statutes - Title 30. Guardian and Ward Page 106
1. The anticipated annual income to a ward for one (1) year
plus the value of the personal property of the ward, after sale, is
less than Forty Thousand Dollars ($40,000.00); and
2. The guardian of the ward is either a parent, spouse,
brother, sister, grandparent, child or grandchild of the ward.
R.L. 1910, § 6564. Amended by Laws 1953, p. 247, § 77; Laws 1963,
c. 147, § 1; Laws 1987, c. 164, § 7, operative July 1, 1987; Laws
1988, c. 329, § 110, eff. Dec. 1, 1988. Renumbered from Title 58, §
832 by Laws 1988, c. 329, § 134, eff. Dec. 1, 1988. Amended by Laws
1989, c. 270, § 3, eff. Nov. 1, 1989; Laws 1990, c. 323, § 70,
operative July 1, 1990; Laws 1994, c. 234, § 7, eff. Sept. 1, 1994.
sale, give bond to the State of Oklahoma, with sufficient surety to
be approved by the court, with condition to sell the same in the
manner and to account for the proceeds of the sale as provided for
by the Oklahoma Guardianship and Conservatorship Act. The court may
order that such bond is not required if the court specifically finds
that the general bond, if any, of the guardian is of a sufficient
penal amount to provide for the proceeds of the sale in addition to
the property secured by said bond or upon a finding by the court
that:
Oklahoma Statutes - Title 30. Guardian and Ward Page 106
1. The anticipated annual income to a ward for one (1) year
plus the value of the personal property of the ward, after sale, is
less than Forty Thousand Dollars ($40,000.00); and
2. The guardian of the ward is either a parent, spouse,
brother, sister, grandparent, child or grandchild of the ward.
R.L. 1910, § 6564. Amended by Laws 1953, p. 247, § 77; Laws 1963,
c. 147, § 1; Laws 1987, c. 164, § 7, operative July 1, 1987; Laws
1988, c. 329, § 110, eff. Dec. 1, 1988. Renumbered from Title 58, §
832 by Laws 1988, c. 329, § 134, eff. Dec. 1, 1988. Amended by Laws
1989, c. 270, § 3, eff. Nov. 1, 1989; Laws 1990, c. 323, § 70,
operative July 1, 1990; Laws 1994, c. 234, § 7, eff. Sept. 1, 1994.
Status: in_force · Read it on the official government site
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