Encumbrance or transaction involving conflict of interest; voidable; exceptions.

  1. Law
  2. Nebraska Revised Statutes
  3. Decedents' Estates; Protection of Persons and Property
  4. Encumbrance or transaction involving conflict of interest; voidable; exceptions.

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30-2651. Encumbrance or transaction involving conflict of interest; voidable; exceptions.

Any sale or encumbrance to a conservator, 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 is voidable unless the transaction is approved by the court after notice to interested persons and others as directed by the court.

Source

  • Laws 1974, LB 354, § 269, UPC § 5-422.


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