SB210 Alabama 2017 Session

Summary

Primary Sponsor

Greg Albritton Senator

Republican

Session

Regular Session 2017

Title

Protective arrangement, disabled persons and minors, transfer of oil, gas, and mineral rights authorized, Sec. 26-2A-137 am'd.

Description

Under existing law, a court may authorize, direct, or ratify any transaction it deems necessary or desirable to achieve any protective arrangement, security, or service for a protected person if the basis for appointment of a conservator or protective order exists and is established in a proper proceeding.

Under existing law, a court may also authorize, direct, or ratify any contract, trust, or other transaction relating to the property or business affairs of a protected person if the basis for appointment of a conservator or protective order exists under law and is established in a proper proceeding.

This bill would clarify that the leasing of oil, gas, and mineral rights is one of the protective arrangements or contracts that the court is allowed to authorize under certain provisions of the Alabama Uniform Guardianship and Protective Proceedings Act.

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Subjects

Courts