GENERAL ASSEMBLY OF NORTH CAROLINA
SESSION 2007
SESSION LAW 2008-87
HOUSE BILL 2390
AN ACT to raise the ceiling on the total amount of personal property a guardian is allowed to sell without a court order under the laws pertaining to guardianship, as recommended by the house study committee on state guardianship laws and the Study commission on Aging.
The General Assembly of North Carolina enacts:
SECTION 1. G.S. 35A-1251(17)a. reads as rewritten:
"§ 35A-1251. Guardian's powers in administering incompetent ward's estate.
In the case of an incompetent ward, a general guardian or guardian of the estate has the power to perform in a reasonable and prudent manner every act that a reasonable and prudent person would perform incident to the collection, preservation, management, and use of the ward's estate to accomplish the desired result of administering the ward's estate legally and in the ward's best interest, including but not limited to the following specific powers:
…
(17)a. Without a court order to lease any of the ward's
real estate for a term of not more than three years, or to sell, lease or
exchange any of the ward's personal property including securities, provided
that the aggregate value of all items of the ward's tangible personal property
sold without court order over the duration of the estate shall not exceed
one thousand five hundred dollars ($1,500).shall not exceed five
thousand dollars ($5,000) per accounting period. When any item of the
ward's tangible personal property has a value which when increased by the value
of all other tangible personal property previously sold in the estate without a
court order would exceed one thousand five hundred dollars ($1,500),
five thousand dollars ($5,000) in the current accounting period, a guardian
may sell the item only as provided in subdivision (17)b.
...."
SECTION 2. G.S. 35A-1252(14)a. reads as rewritten:
"§ 35A-1252. Guardian's powers in administering minor ward's estate.
In the case of a minor ward, a general guardian or guardian of the estate has the power to perform in a reasonable and prudent manner every act that a reasonable and prudent person would perform incident to the collection, preservation, management, and use of the ward's estate to accomplish the desired result of administering the ward's estate legally and in the ward's best interest, including but not limited to the following specific powers:
…
(14)a. Without a court order to lease any of the ward's
real estate for a term of not more than three years, or to sell, lease or
exchange any of the ward's personal property including securities, provided
that the aggregate value of all items of the ward's tangible personal property
sold without court order over the duration of the estate shall not exceed
one thousand five hundred dollars ($1,500).shall not exceed five
thousand dollars ($5,000) per accounting period. When any item of the
ward's tangible personal property has a value which when increased by the value
of all other tangible personal property previously sold in the estate without a
court order would exceed one thousand five hundred dollars ($1,500),five
thousand dollars ($5,000) in the current accounting period, a guardian may
sell the item only as provided in subdivision (14)b.
…."
SECTION 3. This act is effective October 1, 2008.
In the General Assembly read three times and ratified this the 2nd day of July, 2008.
s/ Beverly E. Perdue
President of the Senate
s/ Joe Hackney
Speaker of the House of Representatives
s/ Michael F. Easley
Governor
Approved 12:30 p.m. this 11th day of July, 2008