The convict shall, during the period of his imprisonment, select a curator to administer his funds, after approval of the competent court in which jurisdiction the place of his residence is located. If within one month as of the day on which the execution of the penalty begins, no selection is affected, said court shall appoint a curator upon the request of the Public Prosecution or any concerned party. The Public Prosecution shall notify the competent entities of the procedures for appointing the curator and the limits of his powers. The court may obligate the curator whom it appoints to offer a guaranty, and he shall in all cases report to the court with respect to all matters regarding his curatorship. Upon expiry of the penalty period or upon release of the convict, his funds shall be reinstituted thereto and the curator shall submit to him a final statement of account regarding his administration.
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