US Lawyer Database

Section 700.5501 – Durable Power of Attorney; Definition; Attorney-in-Fact.

700.5501 Durable power of attorney; definition; attorney-in-fact. Sec. 5501. (1) A durable power of attorney is a power of attorney by which a principal designates another as the principal’s attorney-in-fact in a writing that contains the words “This power of attorney is not affected by the principal’s subsequent disability or incapacity, or by the lapse […]

Section 700.5503 – Relation of Attorney in Fact to Court-Appointed Fiduciary.

700.5503 Relation of attorney in fact to court-appointed fiduciary. Sec. 5503. (1) If, following execution of a durable power of attorney, a court of the principal’s domicile appoints a conservator, estate guardian, or other fiduciary charged with the management of all of the principal’s property or all of his or her property except specified exclusions, […]