Conservatorship

Conservatorship is a legal concept in the United States of America, where a guardian and protector is appointed by a judge to manage the financial affairs and/or daily life of another due to physical or mental limitations, or old age. The conservator may be only of the `estate` (meaning financial affairs), but may be also of the `person,` when...
Found on http://en.wikipedia.org/wiki/Conservatorship

Conservatorship

A court controlled program where a conservator is appointed by the court to manage the monetary affairs of a person(s) who is unable to manage his/her own affairs.
Found on http://www.encyclo.co.uk/local/21196

Conservatorship

A legal arrangement that gives an adult the court-ordered authority and responsibility to manage another adult's financial affairs.
Found on http://www.nolo.com/dictionary/conservatorship-term.html

Conservatorship

Is a state of affairs where a bank or savings and loan association have been taken over by the FDIC or RTC and are being managed by these federal institutions, either directly or through hired managers.
Found on http://www.encyclo.co.uk/local/20965

Conservatorship

Legal right given to a person to manage the property and financial affairs of a person deemed incapable of doing that for himself/herself. (See also guardianship. Conservators have somewhat less responsibility than guardians.)
Found on http://jec.unm.edu/manuals-resources/glossary-of-legal-terms

conservatorship

See guardianship.
Found on http://www.pacourts.us/learn/legal-glossary

conservatorship

The legal procedure provided by statute for the interim management of financial institutions used by the FDIC and RTC. Under the pass-through receivership method, after the failure of a savings institution, a new institution is chartered and placed under agency conservatorship; the new institution assumes certain liabilities and purchases certain a...
Found on http://www.oenb.at/dictionary/termini.jsp?EINTRAG_ID=16785
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