Any sale or encumbrance to or purchase from a conservator, the spouse, agent, attorney of a conservator, any person related to the conservator by blood or marriage within the fourth degree, or any corporation, trust, or other organization in which the conservator has a substantial beneficial interest, or any other transaction involving the estate being administered by the conservator which is affected by a substantial conflict between fiduciary and personal interests is voidable unless the transaction is approved by the court after notice as directed by the court.
Structure Code of Alabama
Title 26 - Infants and Incompetents.
Chapter 2A - Alabama Uniform Guardianship and Protective Proceedings Act.
Article 2 - Protection of Persons Under Disability and Their Property.
Division 3 - Protection of Property of Persons Under Disability and Minors.
Section 26-2A-130 - Protective Proceedings.
Section 26-2A-131 - Protective Proceedings; Jurisdiction of Business Affairs of Protected Persons.
Section 26-2A-133 - Original Petition for Appointment or Protective Order.
Section 26-2A-135 - Procedure Concerning Hearing and Order on Original Petition.
Section 26-2A-136 - Permissible Court Orders.
Section 26-2A-137 - Protective Arrangements and Single Transactions Authorized.
Section 26-2A-138 - Who May Be Appointed Conservator; Priorities.
Section 26-2A-140 - Terms and Requirements of Bonds.
Section 26-2A-141 - Effect of Acceptance of Appointment.
Section 26-2A-142 - Compensation; Reimbursement; Court Costs.
Section 26-2A-143 - Death, Resignation, or Removal of Conservator.
Section 26-2A-144 - Petitions for Orders Subsequent to Appointment.
Section 26-2A-145 - Conservator's Standard of Care and Performance.
Section 26-2A-146 - Inventory and Records.
Section 26-2A-148 - Conservators; Title by Appointment.
Section 26-2A-149 - Recording of Conservator's Letters.
Section 26-2A-151 - Persons Dealing With Conservators; Protection.
Section 26-2A-152 - Powers of Conservator in Administration.
Section 26-2A-153 - Distributive Duties and Powers of Conservator.
Section 26-2A-154 - Enlargement or Limitation of Powers of Conservator.
Section 26-2A-155 - Preservation of Estate Plan; Right to Examine.
Section 26-2A-156 - Claims Against Protected Person; Enforcement.
Section 26-2A-157 - Personal Liability of Conservator.
Section 26-2A-158 - Termination of Proceedings.
Section 26-2A-160 - Foreign Conservator; Proof of Authority; Bond; Powers.