Alaska Statutes 09.45.610 – Payment to guardian of share of insane or incompetent person
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Terms Used In Alaska Statutes 09.45.610
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
- property: includes real and personal property. See Alaska Statutes 01.10.060
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
The guardian who may be entitled to the custody and management of the estate of an insane person or other person adjudged incapable of conducting one’s own affairs whose interest in real property has been sold may receive in behalf of that person that person’s share of the proceeds of the real property on executing an undertaking, with sufficient sureties and approved by the judge of the court, that the guardian will faithfully discharge the trust reposed in the guardian and will render a true and just account to the person entitled or to the legal representatives of that person.