Massachusetts General Laws ch. 202 sec. 25 – Property of minors sold for investment; persons authorized to sell
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Section 25. A sale of the property of a minor for the purpose of investment may be made upon the petition of the guardian or any friend of the minor, and the court may authorize the guardian or another person to sell and convey the property. The provisions of this chapter relative to licenses and sales upon the petitions of guardians shall, except as provided in the following section, apply to licenses and sales under this section.
Terms Used In Massachusetts General Laws ch. 202 sec. 25
- 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.