Michigan Compiled Laws
386-1998-V-4 - Part 4 Protection of Property of an Individual Under Disability or of a Minor (700.5401...700.5433)
Section 700.5402 - Protective Proceedings; Jurisdiction.

Sec. 5402.
After the service of notice in a proceeding seeking a conservator's appointment or other protective order and until the proceeding's termination, the court in which the petition is filed has the following jurisdiction:
(a) Exclusive jurisdiction to determine the need for a conservator or other protective order until the proceeding is terminated.
(b) Exclusive jurisdiction to determine how the protected individual's estate that is subject to the laws of this state is managed, expended, or distributed to or for the use of the protected individual or any of the protected individual's dependents or other claimants.
(c) Concurrent jurisdiction to determine the validity of a claim against the protected individual or the protected individual's estate, and questions of title concerning estate property.
History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 700 - Estates and Protected Individuals Code

Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)

Article V - Protection of an Individual Under Disability and His or Her Property (700.5101...700.5520)

386-1998-V-4 - Part 4 Protection of Property of an Individual Under Disability or of a Minor (700.5401...700.5433)

Section 700.5401 - Protective Proceedings.

Section 700.5402 - Protective Proceedings; Jurisdiction.

Section 700.5402a - Appointment of Conservator or Issuance of Protection Order; Conditions; Connection of Individual to State; Factors.

Section 700.5403 - Venue.

Section 700.5404 - Original Petition for Appointment or Protective Order.

Section 700.5405 - Notice.

Section 700.5406 - Procedure Concerning Hearing and Order on Original Petition.

Section 700.5407 - Permissible Court Orders.

Section 700.5408 - Protective Arrangements and Single Transactions Authorized.

Section 700.5409 - Appointment of Conservator.

Section 700.5410 - Bond.

Section 700.5411 - Terms and Requirements of Bonds.

Section 700.5412 - Qualification; Limitation and Procedure With Regard to Specified Assets; Consent to Jurisdiction.

Section 700.5413 - Compensation and Expenses.

Section 700.5414 - Death, Resignation, or Removal of Conservator.

Section 700.5415 - Petitions for Orders Subsequent to Appointment.

Section 700.5416 - General Duty of Conservator.

Section 700.5417 - Inventory and Records.

Section 700.5418 - Accounts.

Section 700.5419 - Conservators; Title by Appointment.

Section 700.5420 - Recording of Conservator's Letters.

Section 700.5421 - Sale, Encumbrance, or Transaction Involving Conflict of Interest; Voidable; Presumption; Compliance With Michigan Prudent Investor Rule; Exceptions.

Section 700.5422 - Persons Dealing With Conservators; Protection.

Section 700.5423 - Powers of Conservator in Administration.

Section 700.5424 - Powers Regarding Environmental Matters.

Section 700.5425 - Distributive Duties and Powers of Conservator.

Section 700.5426 - Gifts; Distribution to Formerly Protected Individual; Death of Protected Individual.

Section 700.5427 - Expansion or Limitation of Powers of Conservator.

Section 700.5428 - Preservation of Estate Plan; Right to Examine.

Section 700.5429 - Claims Against Protected Individual; Enforcement.

Section 700.5430 - Personal Liability of Conservator.

Section 700.5431 - Termination of Proceeding.

Section 700.5432 - Payment of Debt and Delivery of Property to Foreign Conservator Without Local Proceedings.

Section 700.5433 - Appointment of Conservator in Another State as Temporary Conservator.