§ 28-5-213 — Compensation of guardians

Colorado § 28-5-213

• Jurisdiction: Colorado
• Title 28: Military and
• Art.: Veterans

Text

Compensation payable to guardians
shall be based upon services rendered and shall not exceed five percent of the
amount of income received during the period covered by the account; except that
such percentage compensation shall not be allowed on the moneys or other assets
received from a prior guardian nor upon the amount received from liquidation of
loans or other investments. In the event five percent of income received during the
period would be less than twenty-five dollars and the personal property in the
estate totals not more than one thousand five hundred dollars, twenty-five dollars
may be taken as the guardian's compensation. If the personal property in the estate
exceeds one thousand five hundred dollars and five percent of the income would be
less than fifty dollars, the guardian's compensation may be fifty dollars. In any case
in which the compensation under the foregoing appropriate rates is inadequate
because of extra services performed, the court, upon petition and hearing thereon,
may authorize reasonable additional compensation. A copy of the petition and
notice of hearing thereon shall be given the proper office of the veterans
administration in the manner provided in the case of hearing on a guardian's
account or other pleading.

Legislative History

Source: L. 45: p. 656, � 12. CSA: C. 150, � 55 (12). CRS 53: � 143-3-12. C.R.S. 1963: � 144-3-12. L. 65: p. 1232, � 1.