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7 U.S.C. 9051-9060 and 9071 and 15 U.S.C. 714b and 714c.
67 FR 64476, Oct. 18, 2002, unless otherwise noted.
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(a) Program documents executed by producers legally authorized to represent estates or trusts will be accepted only if such producers furnish evidence of the authority to execute such documents.
(b) A minor who is otherwise eligible for assistance under this part must also:
(1) Establish that the right of majority has been conferred on the minor by court proceedings or by statute;
(2) Show that a guardian has been appointed to manage the minor's property and the applicable program documents are executed by the guardian; or
(3) Furnish a bond under which the surety guarantees any loss incurred for which the minor would be liable had the minor been an adult.