A conservator is a person legally put in charge of someone else's money and property. If a conservator signs a receipt or acknowledgment saying they received money or property on behalf of the person they care for, that receipt is valid as long as the person who got it acted honestly. However, if the conservator signed the receipt illegally or dishonestly, the conservator and their sureties are responsible for any harm caused.
475.255. Receipts and acknowledgments of , effect. — Receipts or acknowledgments given by a during the of his office, for the payment of any debts, rents or other money or property due to his , are valid in favor of all persons who take them ; but the conservator and his are to the injured, if the receipts or acknowledgments are given illegally or .
(RSMo 1939 § 426, A.L. 1955 p. 385 § 332, A.L. 1983 S.B. 44 & 45)
Prior revisions: 1929 § 426; 1919 § 422; 1909 § 452
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Related Missouri laws
Effect of conveyance
RSMo 475.250
Actions against protectee, process, enforcement of judgments
RSMo 475.260
Deeds by conservator or successor, acknowledgment, evidentiary effect
RSMo 475.245
Compensation of guardians and conservators
RSMo 475.265
Report and approval of sale
RSMo 475.240
Annual settlements required, when, exception
RSMo 475.270
Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.