If any balance, whether of profits received or estimated, or of interest or principal, be due by any guardian, or other person acting as guardian, at the end of any year, which ought to be invested or loaned out within a reasonable time for the benefit of the ward, and the same remain in the hands of such guardian or other person, he shall be charged with interest thereon from the end of the year in which such balance arose, and so on, as often as such shall be the fact, during the continuance of the trust.
Structure West Virginia Code
Chapter 44. Administration of Estates and Trusts
Article 10. Guardians and Wards Generally
§44-10-1. Testamentary Guardians
§44-10-2. Appointment Void for Renunciation or Failure to Qualify
§44-10-3. Appointment and Termination of Guardian for a Minor
§44-10-4. Right of Minor to Nominate Guardian
§44-10-6. Curator; Bond; Powers and Duties
§44-10-9. Sale of Personal Estate to Pay Excess Beyond Income
§44-10-10. When Guardian to Pay Interest
§44-10-11. Compound Interest Recoverable
§44-10-12. Time Allowed Guardian for Investment of Funds