The exercise of the patria potestas does not authorize either of the parents to alienate or lay any encumbrance upon real property of any kind, or personal property belonging to the child, the value of which exceeds two thousand (2,000) dollars, and is under the administration of both, or either, of the parents, without the previous authorization of the Court of First Instance wherein the property is located, after the necessity and utility of the alienation or encumbrance is verified, and according to the provisions of the law regarding special legal provisions.
Notwithstanding the provisions of the preceding paragraph, no judicial authorization shall be required for the sale of produce from a rustic farm’s last crop.
For the execution of real property-lease contracts of over six years, including those for advances for agricultural purposes and grinding of cane, authorized by §§ 164-180 of Title 5, the authorization provided for in the preceding paragraph shall also be required; but in no case shall the lease or contract be entered into, nor the authorization for the lease be granted, for a period of time in excess of that required for the child, not otherwise disabled, to become of age.
History —Civil Code, 1930, § 159; May 31, 1972, No. 58, p. 132; July 21, 1977, No. 10, p. 560, eff. July 21, 1977.