§ 1765 — Distribution of proceeds to guardian of infant, committee of incompetent or conservator of conservatee

§ 1765. Distribution of proceeds to guardian of infant, committee of\nincompetent or conservator of conservatee. 1. Proceeds or income of\nproceeds invested as provided in subdivision 3 of section 1761 may be\npaid on order of court on such undertaking as it may require.\n 2. If the proceeds do not exceed one thousand dollars, the court may\ndirect that the same be paid to the father or mother of the infant, or\nto some competent person with whom the infant resides, or who has some\ninterest in his welfare, for the use and benefit of such infant.\n 3. In the case of an infant residing without the state, and having in\nthe state or country where he resides a general guardian or person duly\nappointed under the laws of such state or country to the control, and\nentitled by the laws of such state or country to the custody, of the\nmoney of said infant, the court, upon satisfactory proof of such facts\nand of the sufficiency of the security given by such general guardian or\nperson in such state or country, by the certificate of a judge of a\ncourt of record of such state or country, or otherwise, may direct that\nthe portion of such infant arising upon a sale pursuant to this article\nshall be paid over to such general guardian or person.\n