Mass. General Laws c.190B § 5-421

Sale, encumbrance, or transaction involving conflict of interest voidable; exceptions

This is an unofficial version of a Massachusetts General Law.

Section 5-421

Any sale or encumbrance to a conservator, the spouse, agent, attorney of a conservator 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.

Massachusetts comment

The attorney of a conservator has been added to the list of persons to whom a sale or encumbrance may not be made. Such a limitation may restrict the actions the attorney may utilize in acting for the conservator.