SB 412 — Imposing a duty on a conservator to notify certain entities and persons of any court order commanding performance or safekeeping of a conservatee's estate assets.

AsAmended by House Committee As Amended by Senate Committee Session of 2026 SENATE BILLNo.BILL No.

412 By Committee on Financial Institutions and Insurance 1-28 AN ACTACTconcerning concerning the probate code;

imposing the duty to notify nonparties certain entities and persons to a conservatorship of any court order commanding performance or safekeeping of the conservatee's estate assets;

59-30,17659- 30,176 and repealing the existing section.

7 Be it enacted by the Legislature of the State of Kansas:

(d) If a conservator cannot make a decision under subsection (c) because the conservator does not know and cannot reasonably determine the decision the individual subject to conservatorship probably would make if able, or the conservator reasonably believes the decision the individual would make would fail to preserve resources needed to maintain the individual's well-being and lifestyleorlifestyle or otherwise SBunreasonably 412—Am.harm or endanger the welfare or personal or financial interests of the individual, the conservator shall act in accordance with the best interest of the individual.

by HC 2 unreasonably harm or endanger the welfare or personal or financial interests of the individual, the conservator shall act in accordance with the best interest of the individual.

(f) TheSENATE proprietyBILL ofNo. a conservator's investment and management of the conservatorship estate is determined in light of the facts and circumstances existing when the conservator decides or acts and not by hindsight.

412—page 2 (f) The propriety of a conservator's investment and management of the conservatorship estate is determined in light of the facts and circumstances existing when the conservator decides or acts and not by hindsight.

(j) A conservator shall maintain insurance on the insurable real and SBpersonal 412—Am.property of the individual subject to conservatorship, unless the conservatorship estate lacks sufficient funds to pay for insurance or the court finds:

by HC 3 personal property of the individual subject to conservatorship, unless the conservatorship estate lacks sufficient funds to pay for insurance or the court finds:

(m) A(m) Not conservator shall notify nonparties to a conservatorship, including financial institutions,Not later than 15 calendar days following the issuance of any court order commanding performance or safekeeping of the conservatee's estate assets, the conservator shall notify entities and persons that the conservator has identified as the location of an asset of the conservatee's estate.

Sec.SENATE BILL No.

412—page 3 Sec.

3. This act shall take effect and be in force from and after its publication in the statute bookbook. Kansas register.

I hereby certify that the abovILLoriginated in the SENATE, and passed that body __________________________ SENATE adopted Conference Committee Report ________________ _________________________ President of the Senate.

_________________________ Secretary of the Senate.

Passed the HOUSE as amended _________________________ H OUSEadopted Conference Committee Report ________________ _________________________ Speaker of the House.

_________________________ Chief Clerk of the House.

A PPROVED_____________________________ _________________________ Governor.