California · Probate Code
PROB §2547: The guardian or conservator shall apply the proceeds of the sale to the purposes for which it was made, as far as necessary, and the residue, if any, shall be managed as the other property of the esta
What this law says, in plain English
A guardian or conservator must use sale proceeds for their intended purpose, with any remaining funds managed like other estate property.
Read the full statutory text
The guardian or conservator shall apply the proceeds of the sale to the purposes for which it was made, as far as necessary, and the residue, if any, shall be managed as the other property of the estate.
Verify at the official source: California legislative text
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