Section DHS 85.12 - Conflict of interest(1) The corporate guardian may not be subject to undue influence from any party.(2) When the corporate guardian is a part of a larger organization, the corporate guardian shall have designated staff with independent decision-making authority about the guardianship program.(3) Pursuant to s. 55.03(1), Stats., a guardian may not be a provider of protective services or protective placement for its ward.(4) No corporate guardian may accept a guardianship from a court in a county in which a member of the corporate guardian's board of directors or any employee or volunteer of the corporate guardian is a member or employee of the community board organized under s. 46.23, 51.42 or 51.437, Stats., or an employee of the county department of social services or human services or community programs or county board of supervisors or department of aging or a county court commissioner who hears petitions for guardianship or a member of a medicaid managed care organization.(5) A corporate guardian may not profit from their ward.(6) The guardian may not commingle personal or corporate funds with the funds of the ward. The guardian may consolidate and maintain wards' funds in accounts with other wards' funds if the guardian keeps separate and complete accounting of each ward's funds.(7) Pursuant to s. 54.18(3) (b), Stats., the corporate guardian may not lend funds of the ward to another individual or to an entity, unless the court first approves the terms, rate of interest, and any requirement for security.(8) The corporate guardian may not engage in any financial transaction involving the ward's estate except as permitted under ch. 54, Stats., and this chapter.Wis. Admin. Code Department of Health Services DHS 85.12
CR 09-061: cr. Register May 2010 No. 653, eff. 6-1-10.