46:2B-8.12 Compensation of the attorney-in-fact.
12.Compensation of the Attorney-in-Fact.
A principal shall have the power to direct whether an attorney-in-fact is to be compensated in a power of attorney or in a separate written agreement dealing with compensation. A principal may direct that an attorney-in-fact be compensated and may provide for the method by which compensation shall be calculated and when compensation shall be paid. In the absence of any such direction and upon appropriate application, a court of competent jurisdiction may award reasonable compensation to the attorney-in-fact.
L.2000,c.109,s.12.
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Last modified: October 11, 2016