Colorado Code § 15-14-423

Sale, encumbrance, or other transaction involving conflict of interest
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Any transaction involving the conservatorship estate that is affected by a substantial conflict
between the conservator's fiduciary and personal interests is voidable unless the transaction is
expressly authorized by the court after notice to interested persons. A transaction affected by a
substantial conflict between personal and fiduciary interests includes any sale, encumbrance, or
other transaction involving the conservatorship estate entered into by the conservator, the
spouse, descendant, agent, or lawyer of a conservator, or a corporation or other enterprise in
which the conservator has a substantial beneficial interest.

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