(1) A person indebted to a protected person, or having possession of property or of an instrument evidencing a debt, stock or chose in action belonging to a protected person, may make payment or delivery to a conservator, guardian or other fiduciary appointed by a court of the state where the protected person resides, upon being presented with proof of appointment and an affidavit made by the fiduciary stating that:
(a) A protective proceeding relating to the protected person is not pending in this state; and
(b) The fiduciary is entitled to payment or to receive delivery.
(2) If the person to whom the affidavit is presented is not aware of any protective proceeding pending in this state, payment or delivery in response to the demand and affidavit discharges the debtor or possessor. [1995 c.664 §62]Section: Previous 125.505 125.510 125.515 125.520 125.525 125.530 125.535 125.540 125.600 125.605 125.610 125.650 125.700 125.705 125.710 Next
Last modified: August 7, 2008