ON THE INTEREST OWED BY THE GUARDIAN OR THE CUSTODIAN TO THE WARD IN CASE OF UNTIMELY DEPOSITION OF MONEY TO THE WARD’S BANK ACCOUNT
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Date
2024
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Publisher
Plovdiv University Press
Abstract
The current article analyzes the instances in which a legal obligation arises for the guardian or the custodian to pay legal interest to the ward in case of untimely deposition of the ward’s money to the latter’s bank account. Since the relevant legal regulations are laconic, some problems may arise in front of the legal practice, which requires clarifying the exact content of the main obligation of the guardian or the custodian in order to determine whether there is non-compliance. It is also important to correctly define the moment from which legal interest starts to be charged on the sum, which has not been transferred to the bank account of the ward. Some issues regarding statute of limitation and, more specifically, tolling and discontinuation, are also discussed.
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Keywords
guardian, custodian, legal interest, untimely deposition of money