Title 475 · MO 475

Missouri Revisor of Statutes - Revised Statutes of Missouri, RSMo Section 475.341

Citation: Mo. Rev. Stat. § 475.341

Section: 475.341

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  Do search Help   This chapter only Title XXXI TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY Chapter 475 < > â¢ Effective - 28 Aug 2018

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âÂ 475.341. Â Â Voidable transactions, exceptions. â 1.Â Â Except when a public administrator is serving as conservator, a sale, encumbrance, or other transaction involving the management of the conservatorship entered into by the conservator for the conservator's own personal gain or which is otherwise affected by a conflict between the conservator's fiduciary and personal interests is voidable unless the transaction: âÂ (1)Â Â Was approved by the court; âÂ (2)Â Â Involves a contract entered into or claim acquired by the conservator before the person became or contemplated becoming conservator; âÂ (3)Â Â Involves a deposit of estate moneys to a bank operated by the conservator; or âÂ (4)Â Â Involves an advance by the conservator of moneys for the protection of the estate. âÂ 2.Â Â When a public administrator is serving as conservator, the public administrator shall not enter into a transaction for his or her own personal gain. ÂÂ-------- (L. 2018 S.B. 806)

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