Mass. Gen. Laws ch. 190B § 5-421

Current through Chapter 112 of the 2024 Legislative Session
Section 190B:5-421 - Sale, encumbrance, or transaction involving conflict of interest voidable; exceptions

Any sale or encumbrance to a conservator, the spouse, agent, attorney of a conservator 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.

Mass. Gen. Laws ch. 190B, § 5-421

Added by Acts 2008, c. 521,§ 9, eff. 7/1/2009.