Collecting obligations due protected person.

1. A guardian of the estate: (a) Shall demand all debts and other choses in action due to the protected person; and (b) With prior approval of the court, may sue for and receive all debts and other choses in action due to the protected person. 2. A guardian of the estate, with prior approval of the court by order, may compound or compromise any debt or other chose in action due to the protected person and give a release and discharge to the debtor or other obligor. (Added to NRS by 1969, 419; A 2003, 1789)