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58-24a15. Investments of conservators. Conservators shall not invest funds under their control and management in investments other than those specifically permitted by K.S.A. 59-3078, and amendments thereto, except upon the entry of an order of a court of competent jurisdiction, after a hearing on a verified petition. Before authorizing any such investment, the court shall require evidence of value and advisability of such purchase.

History: L. 2000, ch. 80, § 10; L. 2002, ch. 114, § 58; July 1.

Revisor's Note:

Section not part of 1994 Uniform Prudent Investor Act.


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