Sale, encumbrance, or transaction involving conflict of interest voidable.
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Law
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Alaska Statutes
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Decedents' Estates, Guardianships, Transfers, Trusts, and Health Care Decisions
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Protection of Minors and Incapacitated Persons and Their Property; Powers of Attorney
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Protection of Property of Persons Under Disability and Minors.
- Sale, encumbrance, or transaction involving conflict of interest voidable.
Any sale or encumbrance to a conservator, the conservator's spouse, agent, or attorney, or any corporation or trust in which the conservator has a substantial beneficial interest, or any transaction which 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.
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