44-2015. Conservator; bond; powers and duties
A. A temporary or permanent conservator shall be an officer of the court and shall give bond in the amount and conditioned as ordered by the court. The conservator has all the rights, powers and privileges of a receiver and is subject to the obligations, penalties and orders of the court to which receivers are subject.
B. In all matters relating to the rights, powers, privileges, obligations and penalties of a conservator, and the powers of the court in respect thereto, equitable rights and remedies shall govern when applicable.
C. A conservator appointed under this article shall act at the direction or with the approval of the court in the administration of the properties and affairs of a violator to conserve, protect and preserve, or to effect a reorganization of such properties and affairs, and to do all things necessary in furtherance thereof to protect the rights of persons having a direct interest in the properties and affairs of the violator.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal insurance products you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with access to legal services through a network of provider law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our provider law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your provider law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal insurance products, and access to the LegalFix network of provider law firms are subject to the LegalFix Terms of Service and Privacy Policy.
