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Minnesota · Through 2025 Minnesota Statutes

Minn. Stat. § 524.5-423: SALE, ENCUMBRANCE, OR OTHER TRANSACTION INVOLVING CONFLICT OF INTEREST.

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Where this section sits in the code
  1. PROBATE; PROPERTY; ESTATES; GUARDIANSHIPS; ANATOMICAL GIFTS
  2. CHAPTER 524. UNIFORM PROBATE CODE
  3. Article 5 PROTECTION OF PERSONS UNDER DISABILITY AND THEIR PROPERTY
  4. Part 4 PROTECTION OF PROPERTY OF PERSON SUBJECT TO CONSERVATORSHIP

Any transaction involving the conservatorship estate which is affected by a conflict between the conservator's fiduciary and personal interests is voidable unless the transaction is expressly authorized by the court after notice to interested persons. A transaction affected by a conflict between personal and fiduciary interests includes any sale, encumbrance, or other transaction involving the conservatorship estate entered into by the conservator, the spouse, descendant, agent, or lawyer of a conservator, or corporation or other enterprise in which the conservator has a beneficial interest.

Collected 2026-09-02T22:10:49Z. Source file · JSON

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