SB210 Alabama 2017 Session

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

To amend Section 26-2A-137, Code of Alabama 1975, to allow the court to authorize the leasing of oil, gas, and mineral rights when the basis exists under certain provisions of the Alabama Uniform Guardianship and Protective Proceedings Act.