(a) The appointment of a conservator vests in the conservator title as trustee to all property, or to the part thereof specified in the order, of the protected person, presently held or thereafter acquired, including title to any property theretofore held for the protected person. Appointment of a conservator does not terminate a custodianship created under a Uniform Gifts to Minors Act or a Uniform Transfers to Minors Act, or a valid durable power of attorney, except on order of the court. An order specifying that only a part of the property of the protected person vests in the conservator creates a limited conservatorship.
(b) Except as otherwise permitted herein, the interest of the protected person in property vested in a conservator by this section is not transferable or assignable by the protected person. An attempted transfer or assignment by the protected person, though ineffective to affect property rights, may generate a claim for restitution or damages which, subject to presentation and allowance, may be satisfied as provided in Section 26-2A-156.
Structure Code of Alabama
Title 26 - Infants and Incompetents.
Chapter 2A - Alabama Uniform Guardianship and Protective Proceedings Act.
Article 2 - Protection of Persons Under Disability and Their Property.
Division 3 - Protection of Property of Persons Under Disability and Minors.
Section 26-2A-130 - Protective Proceedings.
Section 26-2A-131 - Protective Proceedings; Jurisdiction of Business Affairs of Protected Persons.
Section 26-2A-133 - Original Petition for Appointment or Protective Order.
Section 26-2A-135 - Procedure Concerning Hearing and Order on Original Petition.
Section 26-2A-136 - Permissible Court Orders.
Section 26-2A-137 - Protective Arrangements and Single Transactions Authorized.
Section 26-2A-138 - Who May Be Appointed Conservator; Priorities.
Section 26-2A-140 - Terms and Requirements of Bonds.
Section 26-2A-141 - Effect of Acceptance of Appointment.
Section 26-2A-142 - Compensation; Reimbursement; Court Costs.
Section 26-2A-143 - Death, Resignation, or Removal of Conservator.
Section 26-2A-144 - Petitions for Orders Subsequent to Appointment.
Section 26-2A-145 - Conservator's Standard of Care and Performance.
Section 26-2A-146 - Inventory and Records.
Section 26-2A-148 - Conservators; Title by Appointment.
Section 26-2A-149 - Recording of Conservator's Letters.
Section 26-2A-151 - Persons Dealing With Conservators; Protection.
Section 26-2A-152 - Powers of Conservator in Administration.
Section 26-2A-153 - Distributive Duties and Powers of Conservator.
Section 26-2A-154 - Enlargement or Limitation of Powers of Conservator.
Section 26-2A-155 - Preservation of Estate Plan; Right to Examine.
Section 26-2A-156 - Claims Against Protected Person; Enforcement.
Section 26-2A-157 - Personal Liability of Conservator.
Section 26-2A-158 - Termination of Proceedings.
Section 26-2A-160 - Foreign Conservator; Proof of Authority; Bond; Powers.