Current through the 2023 Regular Session
Section 72-38-303 - Representation by fiduciaries and parentsTo the extent there is no conflict of interest between the representative and the person represented or among those being represented with respect to a particular question or dispute:
(1) a conservator may represent and bind the estate that the conservator controls;(2) a guardian may represent and bind the ward if a conservator of the ward's estate has not been appointed;(3) an agent having authority to act with respect to the particular question or dispute may represent and bind the principal;(4) a trustee may represent and bind the beneficiaries of the trust;(5) a personal representative of a decedent's estate may represent and bind persons interested in the estate; and(6) a parent may represent and bind the parent's minor or unborn child if a conservator or guardian for the child has not been appointed. The parent entitled to represent and bind the child is determined in the following order of priority: (a) the parent who is a lineal descendant of a settlor;(b) the parent who is a beneficiary of the trust that is the subject of the representation;(c) the parent with legal custody of the child; and(d) if one parent cannot be determined pursuant to the preceding criteria and if a disagreement arises between the parents seeking to represent the same child, a guardian ad litem must be appointed to represent the minor child.Added by Laws 2013, Ch. 264, Sec. 47, eff. 10/1/2013.