Utah Statutes

§ 75-3-712 — Sale, encumbrance or transaction involving conflict of interest -- Voidable -- Exceptions.

Utah·Title 75 Utah Uniform Probate Code·Ch. 75-3 Probate of Wills and Administration·Part 75-3-7 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:

(1)The will or a contract entered into by the decedent expressly authorized the transaction; or
(2)The transaction is approved by the court after notice to interested persons.

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Utah § 75-3-712 (Sale, encumbrance or transaction involving conflict of interest -- Voidable -- Exceptions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Chapter 30, 1992 General Session

Nearby Sections

15
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