59-30,138.

245 words·~1 min read·/ks/chapter-59/59-30-38

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

59-30,138. Special limitations on powers of guardian for minor. A guardian for a minor may not exercise any control or authority over the minor's estate, unless specifically authorized by the court. Any guardian who is granted such authority must prepare an inventory and provide notice of the inventory as provided in K.S.A. 59-30,181 , and amendments thereto. The court may assign such authority to the guardian and may waive the requirement of the posting of a bond, only if:

(a)Initially, the combined value of any funds and assets owned by the minor equals $25,000 or less;

(b)either the court requires the guardian to report to the court the commencement of the exercising of such authority, or requires the guardian to obtain court authorization to commence the exercise of such authority, as the court shall specify; and

(c)the court also requires the guardian, whenever the combined value of such funds and property exceeds $25,000, to:

(1)File a guardian's plan as provided for in K.S.A. 59-30,140 , and amendments thereto, that contains elements similar to those that would be contained in a conservator's plan as provided for in K.S.A. 59-30,180 , and amendments thereto;

(2)petition the court for appointment of a conservator; or

(3)notify the court as the court shall specify that the value of the minor's estate has equaled or exceeded $25,000, if the court has earlier appointed a conservator but did not issue letters of conservatorship pending such notification.