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Code · Arizona · Title 14 — Education, Libraries, and Museums

14-5422. Sale, encumbrance or transaction involving conflict of interest; voidable; exceptions

59 words·~1 min read·/az/title-14/14-5422

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Any sale or encumbrance to a conservator, his spouse, agent or attorney, or any corporation or trust in which he has a substantial beneficial interest, or any transaction which is affected by a substantial conflict of interest is voidable unless the transaction is approved by the court after notice to interested persons and others as directed by the court.
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