HF 2505

as introduced - 87th Legislature (2011 - 2012) Posted on 03/13/2012 12:12pm

A bill for an act
relating to conservatorships; permitting designation of a post office box number
in the annual report of the conservator; amending Minnesota Statutes 2010,
section 524.5-420.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2010, section 524.5-420, is amended to read:

524.5-420 REPORTS; APPOINTMENT OF VISITOR; MONITORING;
COURT ORDERS.

(a) A conservator shall report to the court for administration of the estate annually
unless the court otherwise directs, upon resignation or removal, upon termination of
the conservatorship, and at other times as the court directs. An order, after notice and
hearing, allowing an intermediate report of a conservator adjudicates liabilities concerning
the matters adequately disclosed in the accounting. An order, after notice and hearing,
allowing a final report adjudicates all previously unsettled liabilities relating to the
conservatorship.

(b) A report must state or contain a listing of the assets of the estate under the
conservator's control and a listing of the receipts, disbursements, and distributions during
the reporting period.

(c) The report must also state:

(1) an address new text begin which, at the conservator's option, may be a post office box number, new text end
and telephone number where the conservator can be contacted;

(2) whether the conservator has ever been removed for cause from serving as a
guardian or conservator and, if so, the case number and court locations; and

(3) any changes occurring that would affect the accuracy of information contained in
the most recent criminal background study of the conservator conducted under section
524.5-118.

(d) A protected person or an interested person of record with the court may submit to
the court a written statement disputing account statements regarding the administration of
the estate that are contained in the report and may petition the court for any order that is in
the best interests of the protected person and the estate or for other appropriate relief.

(e) An interested person may notify the court in writing that the interested person
does not wish to receive copies of reports required under this section.

(f) The court may appoint a visitor to review a report or plan, interview the protected
person or conservator, and make any other investigation the court directs. In connection
with a report, the court may order a conservator to submit the assets of the estate to an
appropriate examination to be made in a manner the court directs.

(g) The court shall establish a system for monitoring of conservatorships, including
the filing and review of conservators' reports and plans. If an annual report is not filed
within 60 days of the required date, the court shall issue an order to show cause.