75-5-504. Voidable transactions.
Any loan, sale, or encumbrance on behalf of a principal with his attorney-in-fact, or with
the attorney-in-fact's spouse, agent, or attorney, or any entity or trust in which the attorney-in-fact
has a substantial beneficial interest, or any transaction involving the attorney-in-fact 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 241, 2003 General Session
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Last revised: Thursday, May 01, 2008