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Cap. 16 · Civil Code (Cap. 16)

Cap. 16 Art. 181Profitable investment of moneys.

Sub-title II

In forceOfficial text

(1) The tutor shall, after deducting the expenses necessary for the minor, profitably invest the income or other moneys which he collects, when the amount thereof exceeds the sum of one hundred and sixteen euro and forty-seven cents (116.47).

(2) If the tutor fails to make such investment, he shall be liable in interest, unless he proves that notwithstanding all due diligence he has not succeeded in securing a profitable and safe investment.

(3) The tutor shall be liable for any loss occasioned by his failure to take, in making the investment, such precautions as a would have taken. bonus paterfamilias

Amendment history
  • Amended by L.N. 407 of 2007