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Home » US Law » 2022 Arizona Revised Statutes » Title 14 - Trusts, Estates and Protective Proceedings » Article 2 - Accounts » § 14-6205 – Designation of agent; authority; termination

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.