75-5-420. Conservators -- Title by appointment.
(1) The appointment of a conservator vests in him title as trustee to all property of the
protected person, presently held or thereafter acquired, including title to any property previously
held for the protected person by custodians or attorneys-in-fact, except for property held pursuant
to any uniform gifts to minors act or provisions.
(2) The appointment of a conservator is not a transfer or alienation within the meaning of
general 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 alienation
by the protected person of his rights or interest, but this section does not restrict the ability of
persons to make specific provision by contract or dispositive instrument relating to a conservator.
Amended by Chapter 194, 1977 General Session
Download Code Section Zipped WordPerfect 75_05_042000.ZIP 1,944 Bytes
Sections in this Chapter|Chapters in this Title|All Titles|Legislative Home Page
Last revised: Thursday, May 28, 2009