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IC 29-3-11-1
Protection for persons dealing in good faith with guardian or
person acting under protective order; scope of protection
Sec. 1. (a) A person who in good faith deals with a guardian or
person acting under a protective order is:
(1) protected as if the guardian or person acting under a
protective order properly exercised the power; and
(2) not required to inquire into the existence of the power or the
propriety of its exercise except as to restrictions endorsed on
the letters.
(b) A person who deals with a guardian or person acting under a
protective order in good faith is not bound to see to the proper
application of amounts paid or property delivered to the guardian or
person.
(c) The protection expressed in this section:
(1) extends to any procedural irregularity or jurisdictional
defect occurring in proceedings under this article; and
(2) is not a substitution for but is in addition to any other
applicable law, including the laws relating to commercial
transactions and to simplifying transfers of securities by
fiduciaries.
As added by P.L.169-1988, SEC.1.
IC 29-3-11-2
Contracts entered into in good faith; personal liability of guardian;
liability for acts or omissions; proceeding to determine liability
Sec. 2. (a) Unless otherwise provided in the contract, a guardian
or person acting under a protective order is not personally liable on
a contract entered into in good faith under the order, unless that
person fails to reveal that person's representative capacity and
identify that person's capacity in the contract.
(b) Subject to subsection (a), a guardian or person acting under a
protective order is not personally liable to the protected person or
others for any act or omission in good faith or for any act or omission
of the protected person or others acting on behalf of the protected
person.
(c) The guardian or person acting under a protective order is
personally liable to the protected person for acts or omissions in the
course of the administration of the trust of the guardian or person
acting under a protective order only for a breach of duty to the
protected person.
(d) Any question of liability of the guardian or person acting
under a protective order personally to the protected person may be
determined in a proceeding for accounting, surcharge,
indemnification, or other appropriate proceeding or action.
As added by P.L.169-1988, SEC.1.
IC 29-3-11-4
Civil immunity of a guardian
Sec. 4. Except as provided in section 2 of this chapter and except
for gross misconduct, a guardian appointed under this article is
immune from any civil liability resulting from the guardian's
performance.
As added by P.L.41-2004, SEC.4.