Statutory Law of New York Regarding the Insane (Classic Reprint)

Name: Statutory Law of New York Regarding the Insane (Classic Reprint)
Brand: FB&C LTD
Availability: OutOfStock
Rating: 5 (1 reviews)

By Edmund Wetmore

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Description

Excerpt from Statutory Law of New York Regarding the Insane<br/><br/>All sales, etc, made in good faith by such committee, in pursuance of such orders, shall be valid and effectual as if made by such lunatic when of sound mind. The disposition of the proceeds of the property sold, etc., shall be made according to the order of the court, so as to secure the same for the benefit of such lunatic; and shall require accounts to be rendered periodically by any committee or other person who may be intrusted with the income of such proceeds. No sale, made in the manner provided, shall have the effect of givmg the lunatic any other or greater interest or estate in the proceeds of the sale than he had in the estate sold, but the proceeds shall be deemed real estate of the same nature as the property sold. Acceptance of a gross sum may be granted in lieu of dower when a dower interest is the subject of sale, where the person entitled thereto shall consent in writing, or may direct the se~ curing of a reasonable annuity in lieu of dower. But before any such sum shall be paid, or such annuity secured, the court shall be satisfied that an effectual release of such right 'of dower has been executed.

Product details

Number of Pages:: 38
Release Date:: 2018-04-25
Publication Date:: 2018-04-25
Publisher:: FB&C LTD
Languages:: Published: English, Original: English
ISBN10:: 0366105140
Weight:: 209 g

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