§ 58-24a15 — Investments of conservators

Conservators shall not invest funds under their control and management in investments other than those specifically permitted by K.S.A. 59-3078, and amendments thereto, except upon the entry of an order of a court of competent jurisdiction, after a hearing on a verified petition. Before authorizing any such investment, the court shall require evidence of value and advisability of such purchase.

Legislative History

L. 2000, ch. 80, § 10; L. 2002, ch. 114, § 58; July 1.