Persons enjoying only provisional possession can neither alienate nor encumber the real estate of the absentee, but when said real estate consists of shares or co-ownership of real estate materially indivisible and which may be destroyed by the action of time or force majeure, the part of the Court of First Instance where said real estate is located may, upon sworn application to that effect, authorize the sale thereof, with the intervention of the prosecuting attorney and by public sale, in the same manner as if it were property belonging to minors; and the proceeds of the sale shall be deposited in the Court of First Instance to be invested as the court may provide.
History —Civil Code, 1930, § 55; May 15, 1937, No. 140, p. 302.