99.805 Appointment of conservator -- Bond -- Removal. (1) If the court finds after a hearing that the conditions for conservatorship have been established, the court may: (a) Appoint a conservator; and (b) Grant such other relief as may be just and appropriate. (2) In appointing a conservator, the court shall co nsider any recommendation contained in the petition or otherwise presented by a party in interest. (3) No member of the governing body of a local government or a public officer of a local government in his or her individual capacity, or a member of the imm ediate family of a member of the governing body or public officer of a local government, is qualified to be appointed as a conservator in the action. (4) A conservator appointed by the court may be required to post a bond in an amount determined by the cou rt, but not exceeding the assessed value of the building at the time of the appointment, prior to proceeding as conservator. (5) A conservator may be removed by the court at any time upon the request of the conservator, or upon a showing by a party in inte rest that the conservator is not carrying out duties or responsibilities under the appointment. oved by the court at any time upon the request of the conservator, or upon a showing by a party in inte rest that the conservator is not carrying out duties or responsibilities under the appointment. If a conservator is removed for failure to carry out duties or responsibilities under the appointment, the conservator shall not be entitled to reimbursement fo r costs of rehabilitation. Effective: January 1, 2022 History: Created 2021 Ky. Acts ch. 166, sec. 6, effective January 1, 2022.
Kentucky Legal Code