CHAPTER 3 - CONSERVATORS OF MINORS
- ARTICLE 1 - PROPERTY
- § 29-3-1 - "Personal property" defined; natural guardian must qualify as conservator; exception
- § 29-3-10 - Requirements of order granting conservatorship; required filing of certificate
- § 29-3-2 - Release of debtor when collection doubtful
- § 29-3-3 - "Gross settlement" defined; compromise of claim; finality of settlement
- § 29-3-4 - Disqualifications of conservator
- § 29-3-5 - Nomination of testamentary conservator; no notice, bond, or security required; rights, powers, and duties
- § 29-3-6 - Power to appoint conservator
- § 29-3-7 - Preference amongst individuals for appointment of conservator; court's ability to ignore preference for best interest of minor
- § 29-3-8 - Petition for appointment of conservator for minor; requirements of petition; notice
- § 29-3-9 - Hearing
- ARTICLE 2 - RIGHTS OF MINOR AND OBLIGATIONS OF CONSERVATOR
- § 29-3-20 - Rights of minor; effect on testamentary capacity
- § 29-3-21 - Obligations of conservator; liability of conservator
- § 29-3-22 - Power of conservator; cooperation with guardian of minor
- § 29-3-23 - Rights of conservator to property; disclosure of conflicts of interest
- § 29-3-24 - Oath of conservator
- ARTICLE 3 - PROPERTY OBLIGATIONS OF CONSERVATOR
- § 29-3-30 - Inventory of minor's property; plan for managing, expending, and distributing minor's property
- § 29-3-31 - Retention of property or securities; exchange or conversion of assets
- § 29-3-32 - Investment of funds
- § 29-3-33 - Investment in securities; open-end or closed-end management type investments; conflicts of interest
- § 29-3-34 - Investment decisions must coincide with those of a prudent person; acquiring and retention of assets
- § 29-3-35 - Sale of perishable property of minor; sale of stock; disposition of other property; appointment of guardian ad litem; full return to court required; authority of temporary substitute con
- § 29-3-36 - Estate plan for minor; appointment of guardian ad litem; considerations prior to property transfer
- ARTICLE 4 - BONDING OF CONSERVATORS
- § 29-3-40 - Bond required; exception; recording of bonds
- § 29-3-41 - Requirements of bond; term and value of bond; substantial compliance sufficient
- § 29-3-42 - Reduction of bond
- § 29-3-43 - Requirement of additional bond; notice in event of sureties deficiencies; revocation of letters of conservatorship
- § 29-3-44 - Payment of bond premium
- § 29-3-45 - Responsibility of surety in event appointment of conservator void
- § 29-3-46 - Joint and several obligation
- § 29-3-47 - Levy upon property authorized; writ of execution authorized
- § 29-3-48 - Levy upon surety then conservator
- § 29-3-49 - Petition for release from surety obligation; order of discharge; appointment and liability of new surety; accounting requirement
- ARTICLE 5 - COMPENSATION OF CONSERVATORS
- § 29-3-50 - Amount of compensation conservator owed; compensation to multiple conservators; failure to make annual returns results in forfeiture; renouncing of compensation
- § 29-3-51 - Allowance for reasonable expenses
- § 29-3-52 - Petition for larger compensation; procedural requirements
- § 29-3-53 - Compensation from corporation or business enterprise; effect of compensation; purpose of provisions
- § 29-3-54 - Compensation of temporary substitute conservator; reduction of conservator's compensation
- ARTICLE 6 - ACCOUNTING FOR ASSETS
- § 29-3-60 - Annual filing of verified return; change of reporting period; production of documents; effect of failure to file return
- § 29-3-61 - Interim settlement of accounts; reporting and requirements of report; procedure for objecting
- § 29-3-62 - Objections to conservator's interim settlement of accounts; hearing
- § 29-3-63 - Judgment against conservator and surety
- § 29-3-64 - Termination of conservatorship
- ARTICLE 7 - TERMINATION OF CONSERVATORSHIP
- ARTICLE 8 - SUCCESSOR CONSERVATORS
- § 29-3-80 - Required showing for resignation of conservator; name of suitable alternate required; notice; order appointing successor conservator
- § 29-3-81 - Individuals entitled to notice; appointment of successor conservator; turning over of property
- § 29-3-82 - Suspension of conservatorship or imposition of sanctions; power of court; liability of conservator
- § 29-3-83 - Cause of action for breach of conservator's duties; remedies available to minor
- § 29-3-84 - Statute of limitations
- ARTICLE 9 - TEMPORARY SUBSTITUTE CONSERVATORS
- ARTICLE 10 - FOREIGN CONSERVATORSHIPS