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KS SB412

Bill

Status

Engrossed

2/25/2026

Primary Sponsor

Financial Institutions and Insurance

Click for details

Origin

Senate

2025-2026 Regular Session

AI Summary

  • Conservators must notify entities and persons holding conservatee assets within 15 calendar days of any court order commanding performance or safekeeping of estate assets

  • The notification requirement expands from "nonparties including financial institutions" to "entities and persons that the conservator has identified as the location of an asset"

  • Amends K.S.A. 59-30,176, which establishes fiduciary duties of conservators including prudence, loyalty, reasonable care, and diligence

  • Takes effect upon publication in the Kansas statute book

Legislative Description

Imposing a duty on a conservator to notify certain entities and persons of any court order commanding performance or safekeeping of a conservatee's estate assets.

Last Action

House Motion to accede adopted; Representative Hoheisel, Representative Stiens and Representative Xu appointed as conferees

3/12/2026

Committee Referrals

Financial Institutions and Pensions2/25/2026
Financial Institutions and Insurance1/29/2026

Full Bill Text

No bill text available