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The singer and her assets have been placed under the "conservatorship" of her father, James Spears. A court creates a conservatorship when a person cannot care for himself or herself or handle their own affairs.
Court commissioner Reva Goetz said Spears would be under conservatorship until 4 February, when another hearing will be held.
The conservators will have power over the 26-year-old singer's liquid assets and can bar people from visiting her, officials said.
The Los Angeles court also placed a restraining order on Spears' manager Sam Lutfi, and gave permission to change the locks on her estate and remove anyone who was there.
Britney was admitted to a psychiatric hospital on Thursday.
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