14-6205. Designation of agent; authority; termination
A. By a writing signed by all parties, the parties may designate as an agent for all of the parties on the account a person who is not a party to the account.
B. Unless the terms of an agency designation provide that the authority of the agent terminates on disability or incapacity of a party, the agent's authority survives disability and incapacity. The agent may act for a party with disabilities or incapacitated party until the authority of the agent is terminated. The death of the sole party or last surviving party terminates the authority of an agent.
Section: Previous 14-6101 14-6102 14-6103 14-6201 14-6202 14-6203 14-6204 14-6205 14-6206 14-6211 14-6212 14-6213 14-6214 14-6216 14-6221 NextLast modified: October 13, 2016