To the extent there is no conflict of interest between the representer and those represented with respect to the fiduciary matter, the following are permitted:
1. A conservator may represent and bind the person whose estate the conservator controls.
2. A trustee may represent and bind the beneficiaries of the trust.
3. A personal representative may represent and bind the persons interested in the decedent's estate.
4. If no conservator has been appointed, a parent may represent and bind a minor child.
99 Acts, ch 125, §98, 109
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