Article 35. Management of the property of a person under guardianship or trusteeship

On guardianship and trusteeship (LRU-364-son) · Date: 02.01.2014 · In force

Management of the property of a person under guardianship or trusteeship is determined by the location of the property.

Guardians are entitled to place funds of the person under guardianship in banks and other credit institutions. Expenditure by the guardian of funds placed in banks and other credit institutions may be made only for the maintenance of the person under guardianship and with the written authorization of the guardianship and trusteeship body.

Trustees of persons who need trusteeship due to their state of health shall, with the consent of the person under trusteeship, enter into household or other transactions aimed at the maintenance and meeting the domestic needs of the person under trusteeship, and shall manage the property of the person under trusteeship in the manner prescribed by law.

No gift contract may be concluded on behalf of a person under guardianship or trusteeship.

Property management shall cease if the court decision declaring a citizen missing or dead is annulled, or upon the acceptance of an inheritance.

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Source of the text

National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz: lex.uz/docs/6819382

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Cite as: Article 35. Management of the property of a person under guardianship or trusteeship On guardianship and trusteeship (LRU-364-son). neolex.uz/en/laws/law-2307828/35 (lex.uz/docs/6819382)