Transaction involving conflict of interest – voidable – exceptions
Any sale or encumbrance to a conservator, to the conservator's spouse, agent, or attorney, or to any corporation or trust in which the conservator has a substantial beneficial interest or any transaction that 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.
| EnactedEn. 91A-5-422 by SectionSec. 1, ChapterCh. 365, Laws ofL. 1974 |
| Revised Codes of MontanaR.C.M. 1947, 91A-5-422 |
| AmendedAmd. SectionSec. 2434, ChapterCh. 56, Laws ofL. 2009 (HB 37 - Campbell, Margarett (D) HD 31) |