Indiana Code - Trusts and Fiduciaries - Title 30, Section 30-5-10-3

Incapacity of principal

Sec. 3. (a) Except as otherwise stated in the power of attorney, a
power of attorney is not terminated by the incapacity of the principal.
(b) The incapacity of a principal who has previously executed a
power of attorney that terminates on the principal's incapacity does
not revoke or terminate the power of attorney as to the attorney in
fact or other person who, without actual knowledge of the incapacity
of the principal, acts in good faith under the power. Unless otherwise
invalid or unenforceable, an action taken under this subsection binds
the principal and the principal's successors in interest.

As added by P.L.149-1991, SEC.2.

Last modified: May 27, 2006