72-5-434. Transaction involving conflict of interest -- voidable -- exceptions.
74 words·~1 min read·
/mt/title-72/chapter-5/part-4/72-5-434·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
72-5-434 . Transaction involving conflict of interest -- voidable -- exceptions. Any sale or encumbrance to a conservator, to the conservator's spouse, agent, or attorney, or to any corporation or trust in which the conservator has a substantial beneficial interest or any transaction that 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.