Louisiana Revised Statutes 29:374 – Administration of social security funds
Terms Used In Louisiana Revised Statutes 29:374
- Curator: means any person acting as a fiduciary for an incompetent ward. See Louisiana Revised Statutes 29:351
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Tutor: means any person acting as a fiduciary for a minor ward. See Louisiana Revised Statutes 29:351
- Ward: means a beneficiary of the veterans administration. See Louisiana Revised Statutes 29:351
A. Any tutor or curator appointed pursuant to the provisions of the Uniform Veterans’ Guardianship Law may, with the consent of the social security administration, and upon application to and the approval of the district court having jurisdiction of such tutorship or curatorship, administer any social security funds to which its ward may be entitled, in accordance with the court order.
B. The administration of such funds shall be in accord with the terms of the Uniform Veterans’ Guardianship Law except that said funds shall be kept separate and apart from the funds subject to the Uniform Veterans’ Guardianship Law, separate annual accounts shall be filed in court with respect to them, and the compensation of the tutor or curator shall not exceed five per cent of the amount of moneys received during the period covered by the account.
C. The termination of the tutorship or curatorship under the Uniform Veterans’ Guardianship Law shall also terminate the right to administer social security funds.
Added by Acts 1962, No. 497, §1.