Indiana § 29-3-4-2 Contracts, trusts or business transactions of incapacitated person or
minor; ratification by court; exercise of parental powers in absence of
guardian

Indiana Statutes

§ 29-3-4-2 — Contracts, trusts or business transactions of incapacitated person or minor; ratification by court; exercise of parental powers in absence of guardian

Indiana·Art. 3 GUARDIANSHIPS AND PROTECTIVE·Ch. 4 Protective Proceedings and Single Transactions

The court may, without appointment of a guardian, by protective order authorize or ratify:

(1)any contract, trust, or other transaction relating to the property and financial or business affairs of the incapacitated person or minor if the court determines the transaction to be in the incapacitated person's or the minor's best interest; or

(2)if no guardian is acting for an incapacitated person, the exercise of any power on the incapacitated person's behalf that is the same as that given to the parent of a minor under IC 29-3-3-3.

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The court may, without appointment of a
guardian, by protective order authorize or ratify:
(1) any contract, trust, or other transaction relating to the property
and financial or business affairs of the incapacitated person or
minor if the court determines the transaction to be in the
incapacitated person's or the minor's best interest; or
(2) if no guardian is acting for an incapacitated person, the
exercise of any power on the incapacitated person's behalf that is
the same as that given to the parent of a minor under IC 29-3-3-3.

Indiana § 29-3-4-2 (Contracts, trusts or business transactions of incapacitated person or minor; ratification by court; exercise of parental powers in absence of guardian) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.