IC 29-3-4
    Chapter 4. Protective Proceedings and Single Transactions

IC 29-3-4-1
Protective orders; notice and hearing; findings; protectivearrangements
    Sec. 1. (a) Upon petition by any person and after a hearing underIC 29-3-5, the court may issue, without the appointment of aguardian, any protective order for the benefit of a person who hasbeen adjudicated an incapacitated person or is a minor.
    (b) Notice of the filing of a petition under this chapter for theissuance of a protective order and the hearing on the petition shall begiven under IC 29-3-6.
    (c) Incapacitated persons and minors have the same rights at thehearing on a petition filed under this chapter for the issuance of aprotective order as they would have at a hearing for the appointmentof a guardian.
    (d) The court may issue a protective order concerning anincapacitated person if the court finds that:
        (1) the incapacitated person:
            (A) owns property or has income requiring management orprotection that cannot otherwise be provided;
            (B) has or may have financial or business affairs that may bejeopardized or impaired; or
            (C) has property that needs to be managed to provide for thesupport or protection of the incapacitated person;
        (2) the incapacitated person is unable to manage theincapacitated person's property and financial or business affairseffectively; and
        (3) the protection sought is necessary.
The court shall make the orders that it considers proper andappropriate to protect the person, business affairs, and property ofthe incapacitated person.
    (e) The court may issue a protective order concerning a minor ifthe court finds that:
        (1) the minor:
            (A) owns property or has income requiring management orprotection that cannot otherwise be provided;
            (B) has or may have financial or business affairs that may bejeopardized or impaired; or
            (C) has property that needs to be managed to provide for thesupport or protection of the minor; and
        (2) the protection sought is necessary.
The court shall make the orders it considers proper and appropriateto protect the person, business affairs, and property of the minor.
    (f) If the court finds grounds for a protective order undersubsection (d) or (e), it may, without appointing a guardian, declarethe person to be a protected person and authorize or ratify anytransaction necessary or desirable to meet the needs of the protectedperson. Protective arrangements include the following:        (1) The payment, delivery, deposit, or retention of property.
        (2) The sale, mortgage, lease, or other transfer of property.
        (3) The entry into an annuity contract, a contract for life care,a deposit contract, or a contract for training and educating aperson.
        (4) The addition to or establishment of a suitable trust.
As added by P.L.169-1988, SEC.1. Amended by P.L.33-1989,SEC.66; P.L.6-2010, SEC.9.

IC 29-3-4-2
Contracts, trusts or business transactions of incapacitated personor minor; ratification by court; exercise of parental powers inabsence of guardian
    Sec. 2. The court may, without appointment of a guardian, byprotective order authorize or ratify:
        (1) any contract, trust, or other transaction relating to theproperty and financial or business affairs of the incapacitatedperson or minor if the court determines the transaction to be inthe incapacitated person's or the minor's best interest; or
        (2) if no guardian is acting for an incapacitated person, theexercise of any power on the incapacitated person's behalf thatis the same as that given to the parent of a minor underIC 29-3-3-3.
As added by P.L.169-1988, SEC.1. Amended by P.L.33-1989,SEC.67.

IC 29-3-4-3
Creditors and dependents to be considered by court before issuingprotective order; appointment of limited guardian; authorityconferred by order
    Sec. 3. Before issuing a protective order under this chapter, thecourt shall consider the interest of creditors and dependents of theprotected person and, in view of the disability or minority of theprotected person, whether the protected person needs the protectionof a guardian. The court may appoint a limited guardian to assist inthe establishment of any protective arrangement or other transaction.All persons acting under a protective order have the authorityconferred by the order and serve until discharged by the court afterreporting to the court all matters conducted under the order.
As added by P.L.169-1988, SEC.1.

IC 29-3-4-4
Compensation; persons whose services benefited protected personor his or her property
    Sec. 4. If not otherwise compensated for services rendered, anyguardian, attorney, physician, or other person whose services areprovided in good faith and are beneficial to the protected person orthe protected person's property is entitled to reasonable compensationand reimbursement for reasonable expenditures made on behalf ofthe protected person. These amounts may be paid from the property

of the protected person as ordered by the court.
As added by P.L.169-1988, SEC.1.