Section 523.18 — Signature Of Attorney-in-fact As Conclusive Proof Of Nontermination.
523.18 SIGNATURE OF ATTORNEY-IN-FACT AS CONCLUSIVE PROOF OF NONTERMINATION. In the exercise of a power granted by a power of attorney, other than in a transaction relating to real property described in section 523.17, a signature by a person as “attorney-in-fact for (Name of the principal)” or “(Name of the principal) by (Name of the […]
Section 523.19 — Third Parties Held Harmless.
523.19 THIRD PARTIES HELD HARMLESS. Any party accepting the authority of an attorney-in-fact to exercise a power granted by a power of attorney is not liable to the principal, to the heirs and assigns of the principal, or to any representative of the estate of the principal if: (1) the applicable provisions of sections 523.17 […]
Section 523.20 — Liability Of Parties Refusing Authority Of Attorney-in-fact To Act On Principal’s Behalf.
523.20 LIABILITY OF PARTIES REFUSING AUTHORITY OF ATTORNEY-IN-FACT TO ACT ON PRINCIPAL’S BEHALF. Any party refusing to accept the authority of an attorney-in-fact to exercise a power granted by a power of attorney which (1) is executed in conformity with section 523.23 or a form prepared under section 523.231; (2) contains a specimen signature of […]
Section 523.21 — Duties Of An Attorney-in-fact.
523.21 DUTIES OF AN ATTORNEY-IN-FACT. The attorney-in-fact shall keep complete records of all transactions entered into by the attorney-in-fact on behalf of the principal. The attorney-in-fact has no duty to render an accounting of those transactions unless: (1) requested to do so at any time by the principal; (2) the instrument conferring the power of […]
Section 523.22 — Liability Of Attorney-in-fact For Improper Execution Of Affidavits And Signature.
523.22 LIABILITY OF ATTORNEY-IN-FACT FOR IMPROPER EXECUTION OF AFFIDAVITS AND SIGNATURE. Nothing in sections 523.01 to 523.24 limits any rights the principal may have against the attorney-in-fact for any fraudulent or negligent actions in executing affidavits or signing or acting on behalf of the principal as an attorney-in-fact. An attorney-in-fact who knowingly executes a false […]
Section 523.23 — Statutory Short Form Of General Power Of Attorney; Formal Requirements; Joint Agents.
523.23 STATUTORY SHORT FORM OF GENERAL POWER OF ATTORNEY; FORMAL REQUIREMENTS; JOINT AGENTS. Subdivision 1. Form. The following form may be used to create a power of attorney, and, when used, it must be construed in accordance with sections 523.23 and 523.24: STATUTORY SHORT FORM POWER OF ATTORNEY MINNESOTA STATUTES, SECTION 523.23 Before completing and […]
Section 523.231 — Alternative Short Forms For General Power Of Attorney For Military Members In Active Service.
523.231 ALTERNATIVE SHORT FORMS FOR GENERAL POWER OF ATTORNEY FOR MILITARY MEMBERS IN ACTIVE SERVICE. The commissioner of military affairs may prepare alternative short forms for a general power of attorney for military members in active service, as defined in section 190.05. A form prepared by the commissioner is an alternative to the statutory short […]
Section 523.24 — Construction.
523.24 CONSTRUCTION. Subdivision 1. Real property transactions. In a statutory short form power of attorney, the language conferring general authority with respect to real estate transactions, means that the principal authorizes the attorney-in-fact: (1) to accept as a gift, or as security for a loan, to reject, to demand, to buy, to lease, to receive, […]
Section 523.26 — Judicial Relief.
523.26 JUDICIAL RELIEF. (a) The principal or any interested person, as defined in section 524.5-102, subdivision 7, may petition the court for a protective order directing an attorney-in-fact to provide an accounting, on a schedule directed by a court, or for any other relief as provided in sections 524.5-401 to 524.5-502. The principal or a […]
Section 523.131 — Qualification Of Successor Attorney-in-fact In Statutory Short Form Power Of Attorney.
523.131 QUALIFICATION OF SUCCESSOR ATTORNEY-IN-FACT IN STATUTORY SHORT FORM POWER OF ATTORNEY. If two or more attorneys-in-fact are originally appointed and one dies, resigns, or is unable to serve, a successor attorney-in-fact named in a power of attorney executed in conformity with section 523.23 or a form prepared under section 523.231 replaces the attorney-in-fact who […]