75-5-420 - Conservators -- Title by appointment. - Utah Statutes

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Statutes > Utah > Title-75 > Chapter-05 > 75-5-420

75-5-420. Conservators -- Title by appointment.
(1) The appointment of a conservator vests in him title as trustee to all property of theprotected person, presently held or thereafter acquired, including title to any property previouslyheld for the protected person by custodians or attorneys-in-fact, except for property held pursuantto any uniform gifts to minors act or provisions.
(2) The appointment of a conservator is not a transfer or alienation within the meaning ofgeneral provisions of any federal or state statute or regulation, insurance policy, pension plan,contract, will, or trust instrument imposing restrictions upon or penalties for transfer or alienationby the protected person of his rights or interest, but this section does not restrict the ability ofpersons to make specific provision by contract or dispositive instrument relating to a conservator.

Amended by Chapter 194, 1977 General Session

State Codes and Statutes

Statutes > Utah > Title-75 > Chapter-05 > 75-5-420

75-5-420. Conservators -- Title by appointment.
(1) The appointment of a conservator vests in him title as trustee to all property of theprotected person, presently held or thereafter acquired, including title to any property previouslyheld for the protected person by custodians or attorneys-in-fact, except for property held pursuantto any uniform gifts to minors act or provisions.
(2) The appointment of a conservator is not a transfer or alienation within the meaning ofgeneral provisions of any federal or state statute or regulation, insurance policy, pension plan,contract, will, or trust instrument imposing restrictions upon or penalties for transfer or alienationby the protected person of his rights or interest, but this section does not restrict the ability ofpersons to make specific provision by contract or dispositive instrument relating to a conservator.

Amended by Chapter 194, 1977 General Session

State Codes and Statutes

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State Codes and Statutes

Statutes > Utah > Title-75 > Chapter-05 > 75-5-420

75-5-420. Conservators -- Title by appointment.
(1) The appointment of a conservator vests in him title as trustee to all property of theprotected person, presently held or thereafter acquired, including title to any property previouslyheld for the protected person by custodians or attorneys-in-fact, except for property held pursuantto any uniform gifts to minors act or provisions.
(2) The appointment of a conservator is not a transfer or alienation within the meaning ofgeneral provisions of any federal or state statute or regulation, insurance policy, pension plan,contract, will, or trust instrument imposing restrictions upon or penalties for transfer or alienationby the protected person of his rights or interest, but this section does not restrict the ability ofpersons to make specific provision by contract or dispositive instrument relating to a conservator.

Amended by Chapter 194, 1977 General Session