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Laws from the 1980s
RSMo 475.132effective 28 Aug 1983

Individual liability of conservator

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In plain English

A conservator is a person legally appointed to manage someone else's money and property. When a conservator signs contracts or handles property for that person, they are usually not personally responsible if something goes wrong — as long as they make clear they are acting as a conservator. If the conservator makes a personal mistake or does something wrong on their own, then they can be held personally responsible. People owed money can go after the estate (the protected person's property) even if the conservator is not personally at fault.

Word-for-word law

475.132. Individual of . — 1. Unless otherwise provided in the contract, a conservator is not individually on a contract properly entered into in his as conservator in the course of unless he fails to reveal his capacity and identify the in the contract.

2. The conservator is individually liable for obligations arising from ownership or control of property of the estate or for torts committed in the course of administration of the estate only if he is personally at .

3. based on contracts entered into by a conservator in his , on obligations arising from ownership or control of the estate, or on torts committed in the course of administration of the estate may be asserted against the estate by against the conservator in his fiduciary capacity, whether or not the conservator is individually liable therefor.

4. Any question of liability between the estate and the conservator individually may be determined in a proceeding for , , or , or other proceeding or .

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Source & history notes

(L. 1983 S.B. 44 & 45 )

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Related Missouri laws

See all Guardianship laws

Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.

RSMo 475.132: Individual liability of conservator | KnowMo Laws