Indiana § 30-1-7-3 Hearing; order of court

Indiana Statutes

§ 30-1-7-3 — Hearing; order of court

Indiana § 30-1-7-3

Art. 1SALES OF SECURITIES AND INVESTMENTS BY

Ch. 7Mining Contracts Executed by Guardians

This text of Indiana § 30-1-7-3 (Hearing; order of court) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 30-1-7-3 (2026).

Text

Upon the filing of such petition, the court shall
proceed to hear and determine the same either in term time or vacation.
If the court, after being duly advised in the premises, finds that the
execution of said option to purchase would be to the best interests of
the ward's estate and that said option is in proper form and that the
price to be paid for said option and for the interest to be acquired if the
option is exercised is not less than the established price being paid in
the area; the court may thereupon enter an order authorizing said
guardian to sign and execute said option and lease or deed, in the event
the option is exercised, for and upon behalf of his ward.
Formerly: Acts 1943, c.105, s.3.

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Upon the filing of such petition, the court shall
proceed to hear and determine the same either in term time or vacation.
If the court, after being duly advised in the premises, finds that the
execution of said option to purchase would be to the best interests of
the ward's estate and that said option is in proper form and that the
price to be paid for said option and for the interest to be acquired if the
option is exercised is not less than the established price being paid in
the area; the court may thereupon enter an order authorizing said
guardian to sign and execute said option and lease or deed, in the event
the option is exercised, for and upon behalf of his ward.
Formerly: Acts 1943, c.105, s.3.