2021 Code of Alabama
Title 43 - Wills and Decedents' Estates.
Chapter 2 - Administration of Estates.
Article 20 - Probate Procedure Act.
Section 43-2-841 - Sale, Encumbrance, or Transaction Involving Conflict of Interest; Voidable; Exceptions.
Section 43-2-841
Sale, encumbrance, or transaction involving conflict of interest; voidable; exceptions.
Any sale or encumbrance to the personal representative, the personal representative's spouse, agent or attorney, or any corporation or trust in which the personal representative 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.
(2) The transaction is approved by the court after notice to interested persons.
(3) The transaction is otherwise authorized by law.
(Acts 1993, No. 93-722, p. 1411, §12.)
