SCPA § 1723

Powers of a guardian of the property  ·  as in force on May 31, 2026

§ 1723. Powers of a guardian of the property.

1. A guardian of the property of an infant shall protect, preserve and manage the property of the infant. He shall have the power to sell the personal property of the infant for any purpose connected with the faithful discharge of his trust, including investing such property or the proceeds thereof, changing investments and disposing of investments, except where his authority is otherwise limited by court order or decree, or in the case of a testamentary guardian, by the terms of the will which appointed him.

Official sourcehttps://www.nysenate.gov/legislation/laws/SCP/1723

In plain English

A property guardian must protect, preserve, and manage the infant’s property and may sell personal property to carry out the trust, including to invest, change investments, or dispose of investments, unless a court order, decree, or the appointing will limits that authority. ★

Marked in the text: penalties, time limits, sums of money. Editorial emphasis added by this edition; it does not appear in the statute as enacted.

In print

This provision appears in Volume 1 — The Surrogate's Court in Plain English; Volume 2 — The Surrogate's Court Procedure Act; Volume 5 — Your Career: Surrogate's Court in Plain English.