§ 46-12. Owelty from infant's share due at majority. - North Carolina Statutes

§46‑12.  Owelty from infant's share due at majority.

When a minor to whom a morevaluable dividend shall fall is charged with the payment of any sum, the moneyshall not be payable until such minor arrives at the age of 18 years, but thegeneral guardian, if there be one, must pay such sum whenever assets shall comeinto his hands, and in case the general guardian has assets which he did not soapply, he shall pay out of his own proper estate any interest that may haveaccrued in consequence of such failure. (1868‑ 9, c. 122, s. 9;Code, s. 1900; Rev., s. 2497; C.S., s. 3224; 1971, c. 1231, s. 1.)