Statute · New York Mental Hygiene Law
N.Y. Mental Hyg. Law § 79.23 — Investments by guardians
N.Y. Mental Hyg. Law § 79.23
- Type
- Statute
- Source
- New York Mental Hygiene Law
- Jurisdiction
- New York
- Current through
- Nov 5, 2026 (NY Senate Open Legislation)
§ 79.23 Investments by guardians.
Citator
N.Y. Mental Hyg. Law § 79.23 — Investments by guardians is in force in the current edition of the Code, and nothing recorded condemns it.
§ 79.23 Investments by guardians.
(a) A guardian of an infant ward, in the investment both of the funds of the estate and of other property of the infant which he may receive, shall be governed by the laws which govern investments by a guardian of an infant who has executed and filed a bond with surety.
(b) A guardian of an incompetent ward, in the investment both of the funds of the estate and other property of the incompetent which he may receive, shall be governed by the laws which govern investments by a committee of an incompetent.