1. I. The judge may, on petition after notice to the ward, the ward's spouse, the ward's heirs at law and a representative of the ward if the judge deems this necessary, license the guardian of the estate to purchase with the funds of the ward real estate situated in this state, as a homestead for said ward.
2. II. The petition shall state the value of the ward's property and the license shall limit the sum to be expended for such homestead as the judge shall deem proper.

3. III. Before making any purchase under such license, the guardian of the estate shall take the following oath and file a certificate thereof in the office of the clerk:

   "I, .......... , guardian of the estate of .......... , swear that in purchasing a homestead for my ward, I am acting in the best interests and to the utmost advantage for my ward, without any self-interest whatever."

Source. 1979, 370:1. 2011, 88:20, eff. July 1, 2011.