1311. An administrator shall, without delay, declare to the beneficiary any interest he has in an enterprise that could place him in a position of conflict of interest as well as the rights he may invoke against the beneficiary or in the property administered, indicating, where applicable, the nature and value of the rights. He is not bound to declare the interest or rights deriving from the act having given rise to the administration.
Any interest or right pertaining to the property of a trust under the supervision of a person or body designated by law is disclosed to that person or body.
1991, c. 64, a. 1311; I.N. 2014-05-01.