No fiduciary shall inanymannerengage in self-dealing, excepton order ofcourt afternotice to all interested persons, and shall derive no profit other than the fiduciary’s distributive share in the estate from the sale or liquidation of any property belonging to the estate. Every application of a fiduciary seeking an order under the provisions of this section shall specify in detail the reasons for such application and the facts justifying the requested order. The notice shall have a copy of the application attached, or,if published, itshall contain a detailed statement of the reasons and facts justifying the requested order.
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