reglab/housing_qa huggingface dataset:
V.I. Code tit. 15, § 5-414 (2019)
2019 US Virgin Islands Code|Title 15 - Virgin Islands Uniform Probate and Fiduciary Relations Code|Article V - Protection of Persons Under Disability and Their Property|Part 4 - Protection of Property of Protected Person|§ 5-414. Petition for order subsequent to appointment

 (a) A protected person or a person interested in the welfare of a protected person may file a petition in the appointing Court for an order: (1) requiring bond or collateral or additional bond or collateral, or reducing bond; (2) requiring an accounting for the administration of the protected person’s estate; (3) directing distribution; (4) removing the conservator and appointing a temporary or successor conservator; (5) modifying the type of appointment or powers granted to the conservator if the extent of protection or management previously granted is currently excessive or insufficient or the protected person’s ability to manage the estate and business affairs has so changed as to warrant the action; or (6) granting other appropriate relief. (b) A conservator may petition the appointing Court for instructions concerning fiduciary responsibility. (c) Upon notice and hearing the petition, the Court may give appropriate instructions and make any appropriate order.
V.I. Code tit. 15, § 5-415 (2019)
2019 US Virgin Islands Code|Title 15 - Virgin Islands Uniform Probate and Fiduciary Relations Code|Article V - Protection of Persons Under Disability and Their Property|Part 4 - Protection of Property of Protected Person|§ 5-415. Bond

 The Court may require a conservator to furnish a bond conditioned upon faithful discharge of all duties of the conservatorship according to law, with sureties as it may specify. Unless otherwise directed by the Court, the bond must be in the amount of the aggregate capital value of the property of the estate in the conservator’s control, plus one year’s estimated income, and minus the value of assets deposited under arrangements requiring an order of the Court for their removal and the value of any real property that the fiduciary, by express limitation, lacks power to sell or convey without court authorization. The Court, in place of sureties on a bond, may accept collateral for the performance of the bond, including a pledge of securities or a mortgage of real property.
V.I. Code tit. 15, § 5-416 (2019)
2019 US Virgin Islands Code|Title 15 - Virgin Islands Uniform Probate and Fiduciary Relations Code|Article V - Protection of Persons Under Disability and Their Property|Part 4 - Protection of Property of Protected Person|§ 5-416. Terms and requirements of bond

 (a) The following rules apply to any bond required: (1) Except as otherwise provided by the terms of the bond, sureties and the conservator are jointly and severally liable. (2) By executing the bond of a conservator, a surety submits to the jurisdiction of the court that issued letters to the primary obligor in any proceeding pertaining to the fiduciary duties of the conservator in which the surety is named as a party. Notice of any proceeding must be sent or delivered to the surety at the address shown in the court records at the place where the bond is filed and to any other address then known to the petitioner. (3) On petition of a successor conservator or any interested person, a proceeding may be brought against a surety for breach of the obligation of the bond of the conservator. (4) The bond of the conservator may be proceeded against until liability under the bond is exhausted. (b) A proceeding may not be brought against a surety on any matter as to which an action or proceeding against the primary obligor is barred.
V.I. Code tit. 15, § 5-417 (2019)
2019 US Virgin Islands Code|Title 15 - Virgin Islands Uniform Probate and Fiduciary Relations Code|Article V - Protection of Persons Under Disability and Their Property|Part 4 - Protection of Property of Protected Person|§ 5-417. Compensation and expenses

 If not otherwise compensated for services rendered, a guardian, conservator, lawyer for the respondent, lawyer whose services resulted in a protective order or in an order beneficial to a protected person’s estate, or any other person appointed by the Court is entitled to reasonable compensation from the estate. Compensation may be paid and expenses reimbursed without court order. If the Court determines that the compensation is excessive or the expenses are inappropriate, the excessive or inappropriate amount must be repaid to the estate.
V.I. Code tit. 15, § 5-418 (2019)
2019 US Virgin Islands Code|Title 15 - Virgin Islands Uniform Probate and Fiduciary Relations Code|Article V - Protection of Persons Under Disability and Their Property|Part 4 - Protection of Property of Protected Person|§ 5-418. General duties of conservator; plan

 (a) A conservator, in relation to powers conferred by this part or implicit in the title acquired by virtue of the proceeding, is a fiduciary and shall observe the standards of care applicable to a trustee. (b) A conservator may exercise authority only as necessitated by the limitations of the protected person, and to the extent possible, shall encourage the person to participate in decisions, act in the person’s own behalf, and develop or regain the ability to manage the person’s estate and business affairs. (c) Within 60 days after appointment, a conservator shall file with the appointing Court a plan for protecting, managing, expending, and distributing the assets of the protected person’s estate. The plan must be based on the actual needs of the person and take into consideration the best interest of the person. The conservator shall include in the plan steps to develop or restore the person’s ability to manage the person’s property, an estimate of the duration of the conservatorship, and projections of expenses and resources. (d) In investing an estate, selecting assets of the estate for distribution, and invoking powers of revocation or withdrawal available for the use and benefit of the protected person and exercisable by the conservator, a conservator shall take into account any estate plan of the person known to the conservator and may examine the will and any other donatives, nominative, or other appointive instrument of the person.
V.I. Code tit. 15, § 5-419 (2019)
2019 US Virgin Islands Code|Title 15 - Virgin Islands Uniform Probate and Fiduciary Relations Code|Article V - Protection of Persons Under Disability and Their Property|Part 4 - Protection of Property of Protected Person|§ 5-419. Inventory; records

 (a) Within 60 days after appointment, a conservator shall prepare and file with the appointing Court a detailed inventory of the estate subject to the conservatorship, together with an oath or affirmation that the inventory is believed to be complete and accurate as far as information permits. (b) A conservator shall keep records of the administration of the estate and make them available for examination on reasonable request of an interested person.
V.I. Code tit. 15, § 5-420 (2019)
2019 US Virgin Islands Code|Title 15 - Virgin Islands Uniform Probate and Fiduciary Relations Code|Article V - Protection of Persons Under Disability and Their Property|Part 4 - Protection of Property of Protected Person|§ 5-420. Reports; appointment of visitor; monitoring

 (a) A conservator shall report to the Court for administration of the estate annually unless the Court otherwise directs, upon resignation or removal, upon termination of the conservatorship, and at other times as the Court directs. An order, after notice and hearing, allowing an intermediate report of a conservator adjudicates liabilities concerning the matters adequately disclosed in the accounting. An order, after notice and hearing, allowing a final report adjudicates all previously unsettled liabilities relating to the conservatorship. (b) A report must contain: (1) a list of the assets of the estate under the conservator’s control and a list of the receipts, disbursements, and distributions during the period for which the report is made; (2) a list of the services provided to the protected person; and (3) any recommended changes in the plan for the conservatorship as well as a recommendation as to the continued need for conservatorship and any recommended changes in the scope of the conservatorship. (c) The Court may appoint a visitor to review a report or plan, interview the protected person or conservator, and make any other investigation the Court directs. In connection with a report, the Court may order a conservator to submit the assets of the estate to an appropriate examination to be made in a manner the Court directs. (d) The Court shall establish a system for monitoring conservatorships, including the filing and review of conservators’ reports and plans.
V.I. Code tit. 15, § 5-421 (2019)
2019 US Virgin Islands Code|Title 15 - Virgin Islands Uniform Probate and Fiduciary Relations Code|Article V - Protection of Persons Under Disability and Their Property|Part 4 - Protection of Property of Protected Person|§ 5-421. Title by appointment

 (a) The appointment of a conservator vests title in the conservator as trustee to all property of the protected person, or to the part thereof specified in the order, held at the time of appointment or thereafter acquired. An order vesting title in the conservator to only a part of the property of the protected person creates a conservatorship limited to assets specified in the order. (b) Letters of conservatorship are evidence of vesting title of the protected person’s assets in the conservator. An order terminating a conservatorship transfers title to assets remaining subject to the conservatorship, including any described in the order, to the formerly protected person or the person’s successors. (c) Subject to the requirements of other statutes governing the filing or recordation of documents of title to land or other property, letters of conservatorship and orders terminating conservatorships may be filed or recorded to give notice of title as between the conservator and the protected person.
V.I. Code tit. 15, § 5-422 (2019)
2019 US Virgin Islands Code|Title 15 - Virgin Islands Uniform Probate and Fiduciary Relations Code|Article V - Protection of Persons Under Disability and Their Property|Part 4 - Protection of Property of Protected Person|§ 5-422. Protected person’s interest inalienable

 (a) Except as otherwise provided in subsections (c) and (d), the interest of a protected person in property vested in a conservator is not transferable or assignable by the protected person. An attempted transfer or assignment by the protected person, although ineffective to affect property rights, may give rise to a claim against the protected person for restitution or damages which, subject to presentation and allowance, may be satisfied as provided in section 5-429. (b) Property vested in a conservator by appointment and the interest of the protected person in that property are not subject to levy, garnishment, or similar process for claims against the protected person unless allowed under section 5-429. (c) A person without knowledge of the conservatorship who in good, faith and for security or substantially equivalent value receives delivery from a protected person of tangible personal property of a type normally transferred by delivery of possession, is protected as if the protected person or transferee had valid title. (d) A third party who deals with the protected person with respect to property vested in a conservator is entitled to any protection provided in other law.
V.I. Code tit. 15, § 5-423 (2019)
2019 US Virgin Islands Code|Title 15 - Virgin Islands Uniform Probate and Fiduciary Relations Code|Article V - Protection of Persons Under Disability and Their Property|Part 4 - Protection of Property of Protected Person|§ 5-423. Sale, encumbrance, or other transaction involving conflict of interest

 Any transaction involving the conservatorship estate which is affected by a substantial conflict between the conservator’s fiduciary and personal interests is voidable unless the transaction is expressly authorized by the Court after notice to interested persons. 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, the spouse, descendant, agent, or lawyer of a conservator, or a corporation or other enterprise in which the conservator has a substantial beneficial interest.
V.I. Code tit. 15, § 5-424 (2019)
2019 US Virgin Islands Code|Title 15 - Virgin Islands Uniform Probate and Fiduciary Relations Code|Article V - Protection of Persons Under Disability and Their Property|Part 4 - Protection of Property of Protected Person|§ 5-424. Protection of person dealing with conservator

 (a) A person who assists or deals with a conservator in good faith and for value in any transaction other than one requiring a court order under section 5-410 or section 5-411 is protected as though the conservator properly exercised the power. That a person knowingly deals with a conservator does not alone require the person to inquire into the existence of a power or the propriety of its exercise, but restrictions on powers of conservators which are endorsed on letters as provided in section 5-110 are effective as to third persons. A person who pays or delivers assets to a conservator is not responsible for their proper application. (b) Protection provided by this section extends to any procedural irregularity or jurisdictional defect that occurred in proceedings leading to the issuance of letters and is not a substitute for protection provided to persons assisting or dealing with a conservator by comparable provisions in other law relating to commercial transactions or to simplifying transfers of securities by fiduciaries.
V.I. Code tit. 15, § 5-426 (2019)
2019 US Virgin Islands Code|Title 15 - Virgin Islands Uniform Probate and Fiduciary Relations Code|Article V - Protection of Persons Under Disability and Their Property|Part 4 - Protection of Property of Protected Person|§ 5-426. Delegation

 (a) A conservator may not delegate to an agent or another conservator the entire administration of the estate, but a conservator may otherwise delegate the performance of functions that a prudent trustee of comparable skills may delegate under similar circumstances. (b) The conservator shall exercise reasonable care, skill, and caution in: (1) selecting an agent; (2) establishing the scope and terms of a delegation, consistent with the purposes and terms of the conservatorship; (3) periodically reviewing an agent’s overall performance and compliance with the terms of the delegation; and (4) redressing an action or decision of an agent which would constitute a breach of trust if performed by the conservator. (c) A conservator who complies with subsections (a) and (b) is not liable to the protected person or to the estate for the decisions or actions of the agent to whom a function was delegated. (d) In performing a delegated function, an agent shall exercise reasonable care to comply with the terms of the delegation. (e) By accepting a delegation from a conservator subject to the law of the Virgin Islands an agent submits to the jurisdiction of the courts of the Virgin Islands.
V.I. Code tit. 15, § 5-427 (2019)
2019 US Virgin Islands Code|Title 15 - Virgin Islands Uniform Probate and Fiduciary Relations Code|Article V - Protection of Persons Under Disability and Their Property|Part 4 - Protection of Property of Protected Person|§ 5-427. Principles of distribution by conservator

 (a) Unless otherwise specified in the order of appointment and endorsed on the letters of appointment or contrary to the plan filed pursuant to section 5-418, a conservator may expend or distribute income or principal of the estate of the protected person without further court authorization or confirmation for the support, care, education, health, and welfare of the protected person and individuals who are in fact dependent on the protected person, including the payment of child or spousal support, in accordance with the following rules: (1) A conservator shall consider recommendations relating to the appropriate standard of support, care, education, health, and welfare for the protected person or an individual who is in fact dependent on the protected person made by a guardian, if any, and, if the protected person is a minor, the conservator shall consider recommendations made by a parent. (2) A conservator may not be surcharged for money paid to persons furnishing support, care, education, or benefit to a protected person, or an individual who is in fact dependent on the protected person, in accordance with the recommendations of a parent or guardian of the protected person unless the conservator knows that the parent or guardian derives personal financial benefit therefrom, including relief from any personal duty of support, or the recommendations are not in the best interest of the protected person. (3) In making distributions under this subsection, the conservator shall consider: (A) the size of the estate, the estimated duration of the conservatorship, and the likelihood that the protected person, at some future time, may be fully self-sufficient and able to (B) the accustomed standard of living of the protected person and individuals who are in fact dependent on the protected person; and (C) other money or sources used for the support of the protected person. (4) Money expended under this subsection may be paid by the conservator to any person, including the protected person, as reimbursement for expenditures that the conservator might have made, or in advance for services to be rendered to protected person if it is reasonable to expect the services will be performed and advance payments are customary or reasonably necessary under the circumstances. (b) If an estate is ample to provide for the distributions authorized by subsection (a), a conservator for a protected person other than a minor may make gifts that the protected person might have been expected to make, in amounts that do not exceed in the aggregate for any calendar year 20 percent of the income of the estate in that year.
V.I. Code tit. 15, § 5-428 (2019)
2019 US Virgin Islands Code|Title 15 - Virgin Islands Uniform Probate and Fiduciary Relations Code|Article V - Protection of Persons Under Disability and Their Property|Part 4 - Protection of Property of Protected Person|§ 5-428. Death of protected person

 (a) If a protected person dies, the conservator shall deliver to the Court for safekeeping any will of the protected person which may have come into the conservator’s possession, inform the personal representative or beneficiary named in the will of the delivery, and retain the estate for delivery to the personal representative of the decedent or to another person entitled to it. (b) If a personal representative has not been appointed within 40 days after the death of a protected person and an application or petition for appointment is not before the Court, the conservator may apply to exercise powers and duties of a personal representative in order to administer and distribute the decedent’s estate. Upon application for an order conferring upon the conservator the powers of a personal representative, after notice given by the conservator to any person nominated as personal representative by any will of which the applicant is aware, the Court may grant the application upon determining that there is no objection and endorse the letters of conservatorship to note that the formerly protected person is deceased and that the conservator has acquired all of the powers and duties of a personal representative. (c) The issuance of an order under this section has the effect of an order of appointment of a personal representative. However, the estate in the name of the conservator, after administration, may be distributed to the decedent’s successors without retransfer to the conservator as personal representative.
V.I. Code tit. 15, § 5-430 (2019)
2019 US Virgin Islands Code|Title 15 - Virgin Islands Uniform Probate and Fiduciary Relations Code|Article V - Protection of Persons Under Disability and Their Property|Part 4 - Protection of Property of Protected Person|§ 5-430. Personal liability of conservator

 (a) Except as otherwise agreed, a conservator is not personally liable on a contract properly entered into in a fiduciary capacity in the course of administration of the estate unless the conservator fails to reveal in the contract the representative capacity and identify the estate. (b) A conservator is personally liable for obligations arising from ownership or control of property of the estate or for other acts or omissions occurring in the course of administration of the estate only if personally at fault. (c) Claims based on contracts entered into by a conservator in a fiduciary capacity, obligations arising from ownership or control of the estate, and claims based on torts committed in the course of administration of the estate may be asserted against the estate by proceeding against the conservator in a fiduciary capacity, whether or not the conservator is personally liable therefor. (d) A question of liability between the estate and the conservator personally may be determined in a proceeding for accounting, surcharge, or indemnification, or in another appropriate proceeding or action. (e) A conservator is not personally liable for any environmental condition on or injury resulting from any environmental condition on land solely by reason of an acquisition of title under section 5-421.
V.I. Code tit. 15, § 5-431 (2019)
2019 US Virgin Islands Code|Title 15 - Virgin Islands Uniform Probate and Fiduciary Relations Code|Article V - Protection of Persons Under Disability and Their Property|Part 4 - Protection of Property of Protected Person|§ 5-431. Termination of proceedings

 (a) A conservatorship terminates upon the death of the protected person or upon order of the Court. Unless created for reasons other than that the protected person is a minor, a conservatorship created for a minor also terminates when the protected person attains majority or is emancipated. (b) Upon the death of a protected person, the conservator shall conclude the administration of the estate by distribution to the person’s successors. The conservator shall file a final report and petition for discharge within 30 days after distribution. (c) On petition of a protected person, a conservator, or another person interested in a protected person’s welfare, the Court may terminate the conservatorship if the protected person no longer needs the assistance or protection of a conservator. Termination of the conservatorship does not affect a conservator’s liability for previous acts or the obligation to account for funds and assets of the protected person. (d) Except as otherwise ordered by the Court for good cause, before terminating a conservatorship, the Court shall follow the same procedures to safeguard the rights of the protected person that apply to a petition for conservatorship. Upon the establishment of a prima facie case for termination, the Court shall order termination unless it is proved that continuation of the conservatorship is in the best interest of the protected person. (e) Upon termination of a conservatorship and whether or not formally distributed by the conservator, title to assets of the estate passes to the formerly protected person or the person’s successors. The order of termination must provide for expenses of administration and direct the conservator to execute appropriate instruments to evidence the transfer of title or confirm a distribution previously made and to file a final report and a petition for discharge upon approval of the final report. (f) The Court shall enter a final order of discharge upon the approval of the final report and satisfaction by the conservator of any other conditions placed by the Court on the conservator’s discharge.