New Mexico Statutes Chapter 45. Uniform Probate Code § 45-3-713. Sale, encumbrance or transaction involving conflict of interest; voidable; exceptions

A. Any sale or encumbrance to the personal representative, 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 personal representative, is voidable by any interested person except one who has consented after fair disclosure, unless:

B. An interested person must petition the district court to void the sale, encumbrance or transaction within the time limits set out by Section 3-1005.