Chap. 519.—An ACT to amend and re-enact section 5342 of the Code of Vir-
nia, which said section is in chapter 217 of said Code, concerning the leas-
ing and selling of lands of persons under disability. [H B 149]

Approved March 25, 1926.

1. Beit enacted by the general assembly of Virginia, That section
fifty-three hundred and forty-two of the Code of Virginia, be amended
and re-enacted so as to read as follows:

Section 5342. How proceeds of sale or income to be secured and
applied; when same may be paid over.—The proceeds of sale, or rents,
income, or royalties, arising from such sale or lease shall be invested
under the direction of the court for the use and benefit of the persons
entitled to the estate; and in case of a trust estate subject to the uses,
limitations, and conditions, contained in the writing creating the trust.
The court shall take ample security for all investments so made, and
from time to time require additional security, if necessary, and make
any proper order for the faithful application and safe investment of the
fund, and for the management and preservation of any properties or
securities in which the same mav be invested, and for the protection
of the rights of all persons interested therein whether such rights be
vested or contingent; but nothing hereinbefore contained shall prevent
the court having charge of any of such funds from directing said funds
when the sum to be distributed does not exceed one thousand dollars,
to be paid over to the legally appointed and qualified guardian or
committee of said infant or insane person, whenever said court is sat-
isfied that such guardian or committee has executed sufficient bond,
or from applying at any time all or any portion thereof to the proper
needs and requirements of any such ward, or insane person; and after
any such ward shall have arrived at the age of twenty-one years, or
such insane person shal] have been restored to sanity, the court may
order that the entire amount of such funds, or any part thereof, be
paid over to him, regardless of such needs and requirements.