Section 17-115 – Construction With Other Laws
This title does not supersede other laws applicable to financial institutions or other entities, and to the extent those other laws are inconsistent with the title, the other laws prevail.
Section 17-116 – Short Title
This title may be cited as the Maryland General and Limited Power of Attorney Act.
Section 17-201 – Statutory Form
(a) A document substantially in one of the forms set forth in this subtitle may be used to create a statutory form power of attorney that has the meaning and effect prescribed by this title. (b) A document substantially in one of the forms set forth in this subtitle in effect on the date the document is […]
Section 17-102 – Agent Not Required to Make Disclosures Except on Request of Court or Certain Parties
(a) Except as otherwise provided in a power of attorney, an agent is not required to disclose receipts, disbursements, or transactions conducted on behalf of the principal unless ordered by a court or requested by the principal, a guardian, a conservator, another fiduciary acting for the principal, a governmental agency having authority to protect the welfare […]
Section 17-202 – Statutory Form — Personal Financial Power of Attorney
“MARYLAND STATUTORY FORM PERSONAL FINANCIAL POWER OF ATTORNEY IMPORTANT INFORMATION AND WARNING You should be very careful in deciding whether or not to sign this document. The powers granted by you (the principal) in this document are broad and sweeping. This power of attorney authorizes another person (your agent) to make decisions concerning your property […]
Section 17-103 – Petition for Construction of Power of Attorney
(a) The following persons may petition a court to construe a power of attorney or review the agent’s conduct, and grant appropriate relief: (1) The principal or the agent; (2) A guardian, conservator, or other fiduciary acting for the principal; (3) A person authorized to make health care decisions for the principal; (4) The principal’s spouse, parent, or descendant; (5) An […]
Section 17-203 – Statutory Form — Limited Power of Attorney
“MARYLAND STATUTORY FORM LIMITED POWER OF ATTORNEY PLEASE READ CAREFULLY This power of attorney authorizes another person (your agent) to make decisions concerning your property for you (the principal). You need not give to your agent all the authorities listed below and may give the agent only those limited powers that you specifically indicate. This […]
Section 17-104 – Statutory Form Mandatory; Violations; Penalties
(a) A person may not require an additional or different form of power of attorney for any authority granted in a statutory form power of attorney. (b) A person that refuses in violation of this section to accept an acknowledged statutory form power of attorney is subject to: (1) A court order mandating acceptance of the power of […]
Section 17-105 – Durable Power of Attorney
(a) In this section, “durable power of attorney” means a power of attorney by which a principal designates another as an attorney in fact or agent and the authority is exercisable notwithstanding the principal’s subsequent disability or incapacity. (b) This section applies to all powers of attorney. (c) When a principal designates another as an attorney in fact […]