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(a) 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 disabled or incapacitated party until the authority of the agent is terminated.
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(b) Death of the sole party or last surviving party terminates the authority of an agent.
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(c) An agent in an account with an agency designation has no beneficial right to sums on deposit.
