Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/26-2A-150.htm |
---|---|
Depth: | 0 singles |
Size: | 1,026 bytes |
Modified: | 1997-12-16 13:32:40 |
Categories: | -None- |
Title: | 26-2A-150 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 26-2A-150 Sale, encumbrance, or transaction involving conflict of interest; voidable; exceptions. Any sale or encumbrance to or purchase from a conservator, the spouse, agent, attorney of a conservator, any person related to the conservator by blood or marriage within the fourth degree, or any corporation, trust, or other organization in which the conservator has a substantial beneficial interest, or any other transaction involving the estate being administered by the conservator which is affected by a substantial conflict between fiduciary and personal interests is voidable unless the transaction is approved by the court after notice as directed by the court. (Acts 1987, No. 87-590, p. 975, ยง2-321.) |