Arizona § 14-3713 Sale, encumbrance or transaction involving conflict of interest; voidable; exceptions

Arizona Statutes

§ 14-3713 — Sale, encumbrance or transaction involving conflict of interest; voidable; exceptions

Arizona·Title 14 Arizona Revised Statutes·Ch. 3 PROBATE OF WILLS AND ADMINISTRATION·Art. 7 Duties and Powers of Personal Representatives

Any sale or encumbrance to the personal representative, 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 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 either:

1.The will or a contract entered into by the decedent expressly authorized the transaction.

2.The transaction is approved by the court after notice to interested persons.

Free access — add to your briefcase to read the full text and ask questions with AI

Any sale or encumbrance to the personal representative, 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 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 either:

1. The will or a contract entered into by the decedent expressly authorized the transaction.

2. The transaction is approved by the court after notice to interested persons.

Arizona § 14-3713 (Sale, encumbrance or transaction involving conflict of interest; voidable; exceptions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.