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 […]
Section 523.14 — Successor Attorney-in-fact Not Liable For Acts Of Predecessor.
523.14 SUCCESSOR ATTORNEY-IN-FACT NOT LIABLE FOR ACTS OF PREDECESSOR. An attorney-in-fact who is named in a power of attorney to succeed an attorney-in-fact who dies, resigns, or otherwise is unable to serve, is not liable for any action taken by the predecessor attorney-in-fact. History: 1984 c 603 s 16
Section 523.15 — Co-attorneys-in-fact Not Liable For Acts Of Each Other.
523.15 CO-ATTORNEYS-IN-FACT NOT LIABLE FOR ACTS OF EACH OTHER. When two or more attorneys-in-fact are authorized to act on behalf of a principal, an attorney-in-fact who did not join in or consent to the action of one or more co-attorneys-in-fact is not liable for that action. Failure to object to an action is not consent. […]
Section 523.16 — Affidavit As Proof Of Authority Of Attorney-in-fact.
523.16 AFFIDAVIT AS PROOF OF AUTHORITY OF ATTORNEY-IN-FACT. Subdivision 1. Multiple attorneys-in-fact. If the attorney-in-fact exercising a power pursuant to a power of attorney has authority to act as a result of the death, incompetency, or resignation of one or more attorneys-in-fact named in the power of attorney, an affidavit executed by the attorney-in-fact setting […]
Section 523.17 — Affidavit Of Attorney-in-fact As Conclusive Proof Of Nontermination And Nonrevocation In Real Property Transactions.
523.17 AFFIDAVIT OF ATTORNEY-IN-FACT AS CONCLUSIVE PROOF OF NONTERMINATION AND NONREVOCATION IN REAL PROPERTY TRANSACTIONS. Subdivision 1. Form of affidavit. An affidavit of nontermination or nonrevocation in support of a real property transaction may be substantially in the following form: AFFIDAVIT BY ATTORNEY IN FACT ) ss. . , Affiant . Signature of Notary Public […]
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 […]