Conversion of Property for Purposes of Investment

When it will benefit a ward to sell any of his real or personal property and to put out the proceeds at interest or invest the same in some productive stock or bonds, or in the improvement or security of any other real property of the ward, his guardian may sell the same for that purpose, subject to confirmation by the court as hereinafter provided. The particular investment or investments to be made must be specified in the order confirming the sale or authorizing the sale of stocks or bonds. SOURCE: Probate Code of Guam (1970), § 1531.