§28A‑23‑2. Payment into court of fund due minor.
When any personalrepresentative or collector holds property due a minor without a guardian anddesires to file his petition for settlement, he may deliver the property to theclerk of superior court who shall invest upon interest or otherwise manage saidproperty for the use of the minor or the clerk may proceed to appoint aguardian for the minor pursuant to the provisions of Chapter 35A of the GeneralStatutes and then may deliver the property of the minor to the guardian. (1868‑9,c. 113, s. 97; Code, s. 1526; 1893, c. 317; Rev., s. 151; C.S., s. 153; 1965,c. 815, s. 3; 1973, c. 1329, s. 3.; 1987, c. 550, s. 17.)