N.J.S.A. 3B:14-36 — Voidable sales, encumbrances or transactions; exceptions

3B:14-36. Voidable sales, encumbrances or transactions; exceptions Any sale or encumbrance to the fiduciary, 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 fiduciary, is voidable by any person interested in the estate except one who has consented after fair disclosure, unless: a. The will or a contract entered into by the decedent expressly authorized the transaction; or b. The transaction is approved by the court after notice to interested persons. L.1981, c. 405, s. 3B:14-36, eff. May 1, 1982.

This is the verbatim text of N.J.S.A. 3B:14-36, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.