(a) Upon a showing that the action would be advantageous to the ward and his or her estate, the court may authorize the guardian to borrow money, to execute notes and other legal evidences of indebtedness, and to mortgage property of the ward in accordance with the provisions of § 28-65-314.
(b) Upon a showing that the action would be advantageous to the ward and his or her estate, the court may authorize the guardian to make gifts and disclaimers on behalf of the ward.
Structure Arkansas Code
Title 28 - Wills, Estates, and Fiduciary Relationships
Subtitle 5 - Fiduciary Relationships
Chapter 65 - Guardians Generally
Subchapter 3 - Powers and Duties
§ 28-65-301. Duties of guardians generally
§ 28-65-302. Decisions requiring court approval
§ 28-65-303. Care, treatment, and confinement of ward
§ 28-65-304. Title and possession of estate
§ 28-65-305. Actions — Service of process
§ 28-65-306. Enforcement of contracts
§ 28-65-307. Continuation of business — Liability
§ 28-65-308. Power to borrow money, make gifts, etc
§ 28-65-309. Periodic allowances
§ 28-65-310. Support of minor ward
§ 28-65-312. Retention of property and investment
§ 28-65-314. Sales, mortgages, etc., of property generally
§ 28-65-315. Oil, gas, and mineral interests — Sale, lease, etc
§ 28-65-316. Oil, gas, and mineral interests — Agreements for operation and development
§ 28-65-317. Payment of claims
§ 28-65-318. Compromise settlements
§ 28-65-319. Employment of professionals