Transaction involving conflict of interest – voidable – exceptions
Any sale or encumbrance to the personal representative, the personal representative's spouse, agent, or attorney, or any corporation or trust in which the personal representative has a substantial beneficial interest or any transaction that is affected by a substantial conflict of interest on the part of the personal representative is voidable by any person interested in the estate except one who has consented after fair disclosure unless:
(1) the will or a contract entered into by the decedent expressly authorized the transaction; or
(2) the transaction is approved by the court after notice to interested persons.
| EnactedEn. 91A-3-711 by SectionSec. 1, ChapterCh. 365, Laws ofL. 1974 |
| Revised Codes of MontanaR.C.M. 1947, 91A-3-711 |
| AmendedAmd. SectionSec. 2357, ChapterCh. 56, Laws ofL. 2009 (HB 37 - Campbell, Margarett (D) HD 31) |