What does Limited CO Guardian refer?

Not much info to go on but - - it sounds like there are two persons named as guardians over an individual. They are termed "co-guardians." However, while one of the guardians is designated as the...

Yes, for example: grandparents or an aunt and uncle or two aunts.

Co location is a term used now to describe the ability to share locations. This can be in reference to a business or computers that share the same server.

One who bears an equal responsibility and privilege of a guardian's assigned duties.

Localized or regional refer to a condition limited to one area of the body.