When a guardian or, in case of his refusal to act, a next friend, deems that the interests of the ward will be promoted by a sale of his freehold or leasehold estate in lands, for the purpose of reinvesting the proceeds in other property or securities, or by an exchange of the property for other property, he may file a verified petition in the court, setting forth all the estate of the ward, real and personal, and all the facts which, in his opinion, tend to show whether the ward’s interest will be promoted by the sale or exchange.
(Sept. 14, 1965, 79 Stat. 742, Pub. L. 89-183, § 1.)
1981 Ed., § 21-148.
1973 Ed., § 21-148.
This section is referenced in § 21-149, § 21-150, § 21-151, and § 21-155.
Structure District of Columbia Code
Title 21 - Fiduciary Relations and Persons with Mental Illness. [Enacted title]
Chapter 1 - Guardianship of Infants
Subchapter II - Property of Infants
§ 21–141. Possession of property
§ 21–143. Duties; accounts; maintenance and education; sales; compensation
§ 21–144. Property subject to liens
§ 21–145. Property subject to executory contract
§ 21–146. Contract for sale by adult in behalf of himself and infant
§ 21–147. Sale of infant’s principal for maintenance or education
§ 21–148. Sale or exchange of real estate; proceedings
§ 21–151. Decree of sale; costs
§ 21–153. Exchanges; appointment of trustees
§ 21–154. Ratification of sales by court
§ 21–155. Sale or exchange of particular estate or remainder; application of income
§ 21–156. Lease of infant’s estate