Montana Statutes
§ 72-5-435 — Persons Dealing With Conservator -- Protection
Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 5 UPC -- PERSONS UNDER DISABILITY GUARDIANSHIP AND CONSERVATORSHIP·Part 4 Protection of Property of Minors and Persons Under Disability
72-5-435 . Persons dealing with conservator -- protection.
(1)A person who in good faith either assists a conservator or deals with the conservator for value in any transaction other than those requiring a court order as provided in 72-5-421 is protected as if the conservator properly exercised the power. The fact that a person knowingly deals with a conservator does not alone require the person to inquire into the existence of a power or the propriety of its exercise, except that restrictions on powers of conservators that are endorsed on letters as provided in 72-5-430 are effective as to third persons. A person is not bound to see to the proper application of estate assets paid or delivered to a conservator.
(2)The protection expressed in this section extends to any procedural irregul
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Legislative History
En. 91A-5-423 by Sec. 1, Ch. 365, L. 1974; R.C.M. 1947, 91A-5-423; amd. Sec. 23, Ch. 582, L. 1989; amd. Sec. 2435, Ch. 56, L. 2009.
Nearby Sections
15
§ 72-5-101
Definitions§ 72-5-102
Consolidation Of Proceedings§ 72-5-105
Through 72-5-109 Reserved§ 72-5-201
Status Of Guardian Of Minor -- How Acquired Generally -- Letters To Indicate Means Of Appointment§ 72-5-203
Through 72-5-210 Reserved§ 72-5-214
Through 72-5-220 Reserved