75-5-422. Sale, encumbrance or transaction involving conflict of interest --
Voidable -- Exceptions.
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.
Enacted by Chapter 150, 1975 General Session
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Last revised: Thursday, May 01, 2008