15-5-501. authority for protective arrangement. [EFFECTIVE January 1, 2027] (1) Under this part, a court: (a) Upon receiving a petition for a guardianship for an adult may order a protective arrangement instead of guardianship as a less restrictive alternative to guardianship; and (b) Upon receiving a petition for a conservatorship for an individual may order a protective arrangement instead of conservatorship as a less restrictive alternative to conservatorship. (2) A person interested in an adult’s welfare, including the adult or a conservator for the adult, may petition under this part for a protective arrangement instead of guardianship. (3) The following persons may petition under this part for a protective arrangement instead of conservatorship: (a) The individual for whom the protective arrangement is sought; (b) A person interested in the property, financial affairs, or welfare of the individual, including a person that would be affected adversely by lack of effective management of property or financial affairs of the individual; and (c) The guardian for the individual.