Any person who reasonably relies in good faith on the authority of an attorney-in-fact or agent under a power of attorney is not liable to any other person based on that reliance, and is not required to ensure that assets of the principal that are paid or delivered to the attorney-in-fact or agent are properly applied. Any person who has not received actual notice of revocation of a power of attorney is not liable to any other person by reason of relying on a power of attorney that has been revoked. [2001 c.395 §2]
Section: Previous 127.005 127.010 127.015 127.020 127.025 127.030 127.035 127.040 127.045 127.050 127.060 127.070 127.080 127.090 127.100 NextLast modified: August 7, 2008