§ 3-3-503 — Authority generally; required reports

Wyoming § 3-3-503

• Jurisdiction: Wyoming
• Title 03: Guardian and Ward
• Ch. 3: CONSERVATORSHIPS
• Art. 5: CONSERVATORS OF ESTATES OF MINORS AND

Text

(a) The conservator may:
(i) Receive money or property of the ward paid or
delivered to him;
(ii) Disburse funds of the ward necessary for the
support, maintenance and general welfare of the ward;
(iii) With the consent and approval of the director
of the department of health, invest a reasonable amount of the
funds in any investment authorized by Wyoming law, and reconvert
the investment into cash when needed for the ward's support and
maintenance.
(b) The conservator shall:
(i) Deposit excess funds of the ward in a federally
insured interest bearing account in a financial institution of
his choice;
(ii) Submit an annual report to the court having
jurisdiction accounting for all money and property coming into
his possession for the benefit of each ward and itemizing all
disbursements made from the ward's assets.