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MN HF239
Bill
Status
Passed
5/4/2015
Primary Sponsor
Paul H. Anderson
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AI Summary
- Amends conservatorship bond requirements in Minnesota Statutes sections 524.5-413 and 524.5-416
- Courts must require conservators to post bond when personal property assets are expected to be at least $10,000
- Allows conservators to request blocked account status on certain assets as an alternative to posting bond if court finds assets are sufficiently protected from unauthorized access
- Bond requirement does not apply to conservators appointed before August 1, 2009, but applies to current conservatorships reviewed by the court after that date
- Changes are effective the day following final enactment and apply to conservators appointed or conservatorships reviewed on or after that date
Legislative Description
Conservators provided an exception to post bond for the assets of a protected person.
Last Action
Secretary of State Chapter 11 05/01/15
5/4/2015
Committee Referrals
Rules and Administration3/16/2015
Public Safety and Crime Prevention Policy and Finance1/29/2015
Civil Law and Data Practices Policy1/20/2015
Full Bill Text
No bill text available