KRS 388.220: Guardian or conservator representing five or more wards not eligible

-- Exceptions.

(1) Except as hereinafter provided, it shall be unlawful for any person to accept

appointment as guardian or conservator of any minor or mentally disabled

beneficiary of the Veterans Affairs if such proposed guardian or conservator

shall at that time be acting as guardian or conservator for five (5) wards. In any

case, upon presentation of a petition by an attorney of the Veterans Affairs

under this section alleging that a guardian or conservator is acting in a fiduciary

capacity for more than five (5) wards and requesting his discharge for that

reason, the court, upon proof substantiating the petition, shall require a final

accounting forthwith from such guardian or conservator and shall discharge

such guardian or conservator in said case.

(2) The limitations of this section shall not apply where the guardian or conservator

is a bank or trust company. An individual may be guardian or conservator of

more than five (5) wards if they are all members of the same family.