No guardian appointed for an infant or for a person of unsound mind under the provisions of this chapter may be permitted to receive any money or other property of the ward except costs and expenses allowed to the guardian by the court, or recovered by the ward in the action, until the guardian has given sufficient security approved by the judge of the court to account for and apply the same under the direction of the court.

Terms Used In North Dakota Code 28-03-05

  • 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: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49
  • Property: includes property, real and personal. See North Dakota Code 1-01-49