Michigan Laws 700.5416 – General duty of conservator
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Terms Used In Michigan Laws 700.5416
- Conservator: means a person appointed by a court to manage a protected individual's estate. See Michigan Laws 700.1103
- Proceeding: includes an application and a petition, and may be an action at law or a suit in equity. See Michigan Laws 700.1106
In relation to powers conferred by this part or implicit in the title acquired by virtue of the proceeding, a conservator shall act as a fiduciary and observe the standard of care applicable to a trustee.