2011 New Mexico Statutes
Chapter 45: Uniform Probate Code
Article 5: Protection of Persons Under Disability and Their Property, 45-5-101 through 45-5-617
Section 45-5-422: Sale, encumbrance or transaction involving conflict of interest; voidable; exceptions.
45-5-422. Sale, encumbrance or transaction involving conflict of interest; voidable; exceptions.
Any sale or encumbrance to a conservator, his spouse, agent or attorney, or to any corporation or trust in which he has a substantial beneficial interest, or any transaction which is affected by a substantial conflict of interest is voidable unless the transaction is approved by the court after notice to interested persons and others as directed by the court.
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