N.J. Stat. § 3B:14-36

Current through L. 2024, c. 80.

Section 3B:14-36 - Voidable sales, encumbrances or transactions; exceptions

Any sale or encumbrance to the fiduciary, 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 on the part of the fiduciary, is voidable by any person interested in the estate except one who has consented after fair disclosure, unless:

a. The will or a contract entered into by the decedent expressly authorized the transaction; or

b. The transaction is approved by the court after notice to interested persons.

N.J.S. § 3B:14-36

L.1981, c.405, s.3B:14-36, eff. 5/1/1982.