Updated conservatorship statute effective July 1
NASHVILLE, Tenn. – Gov. Bill Haslam has signed into law revisions to the state conservatorship statute.
The law allows the court to appoint a conservator to manage the assets of a person a judge finds unable to handle his or her own affairs.
State Rep. Andrew Farmer, a Sevierville Republican, told The Tennessean the intent of the bill he sponsored in the House is to make sure people aren’t being taken advantage of.
The bill sprang from a series of hearings statewide by the Tennessee Bar Association. They revealed there were no uniform procedures for placing a person’s assets under a conservator on an emergency basis.
The changes take effect July 1.
