The court shall not appoint as guardian of the estate of a minor any person who is:
(1) Under 18 years of age.
(2) A corporation not authorized to act as fiduciary in the Commonwealth.
(3) A parent of the minor, except that a parent may be appointed a co-guardian with another fiduciary or fiduciaries.
(Dec. 6, 1972, P.L.1461, No.331)
1972 Amendment. Act 331 amended par. (1).