Georgia § 29-3-23 - Rights of conservator to property; disclosure of conflicts of interest.
Full text of Georgia Official Code of Georgia Annotated § 29-3-23 — Rights of conservator to property; disclosure of conflicts of interest., with citation guidance and answers to common questions.
§ 29-3-23. Rights of conservator to property; disclosure of conflicts of interest.
The appointment of a conservator shall not automatically cause the conservator to forfeit any rights to property. The conservator must promptly disclose any conflict of interest between the conservator and the minor when it arises or becomes known to the conservator and seek the court's determination as to whether the conflict is insubstantial or whether it is in the best interest of the minor for the conservator to continue to serve and not forfeit any property right. If the court finds that the conflict of interest is substantial or contrary to the best interest of the minor, the conservator may either resign or forfeit the property interest that is the source of the conflict. A transaction affected by a substantial conflict between personal and fiduciary interests includes any sale, encumbrance, or other transaction involving the conservatorship estate entered into by the conservator or the spouse, descendant, agent, or lawyer of the conservator or a corporation or other enterprise in which the conservator has a significant beneficial interest. (Code 1981, § 29-3-23 , enacted by Ga. L. 2004, p. 161, § 1.)
Frequently Asked Questions About Georgia § 29-3-23
What does Official Code of Georgia Annotated § 29-3-23 cover?
Section 29-3-23 ("Rights of conservator to property; disclosure of conflicts of interest.") is part of the Official Code of Georgia Annotated, the codified statutory law of Georgia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Georgia § 29-3-23?
A common citation format is "Official Code of Georgia Annotated § 29-3-23" (Georgia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Georgia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Georgia official source linked on this page or consult a licensed Georgia attorney.
How does Georgia § 29-3-23 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Georgia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Georgia.