3B:13-18. Authorization for guardian of incompetent ward to receive additional personal property not exceeding $10,000.00
When an incompetent ward for whom a guardian has been appointed becomes entitled to personal property amounting to not more than $10,000.00 from any source other than the United States Government, the court may authorize him to receive the personal property for conservation and administrative care. On payment of any money or delivery of property to the guardian, a release executed by him to the person or persons paying the money or delivering the property shall be valid and effective.
When an incompetent ward for whom a guardian has been appointed becomes entitled to personal property amounting to not more than $10,000.00 from any source other than the United States Government, the court may authorize him to receive the personal property for conservation and administrative care. On payment of any money or delivery of property to the guardian, a release executed by him to the person or persons paying the money or delivering the property shall be valid and effective.
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