SECTION 5-423A. Delegation  


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  • Section 5–423A. [Delegation.]

    (a) A conservator may not delegate to an agent or another conservator the entire administration of the estate, but a conservator may otherwise delegate the management of investments that a prudent conservator of comparable skills may delegate under similar circumstances.

    (b) The conservator shall exercise reasonable care, skill, and caution in:

    (1) selecting an agent;

    (2) establishing the scope and terms of a delegation, consistent with the purposes and terms of the conservatorship; and

    (3) periodically reviewing an agent's actions in order to monitor the agent's performance and compliance with the terms of the delegation.

    (c) In performing a delegated function, an agent owes a duty to the estate to exercise reasonable care to comply with the terms of the delegation.

    (d) A conservator who complies with subsections (a) and (b) is not liable to the protected person or to the estate for the decisions or actions of the agent to whom a function was delegated.

    (e) By accepting a delegation from a conservator subject to the law of the commonwealth, an agent submits to the jurisdiction of the courts of the commonwealth.