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 523.09 — Termination Of A Nondurable Power Of Attorney.
523.09 TERMINATION OF A NONDURABLE POWER OF ATTORNEY. A nondurable power of attorney terminates on the death of the principal, the incapacity or incompetence of the principal, the expiration of a date of termination specified in the power of attorney, or, in the case of a power of attorney to the spouse of the principal, […]
Section 523.10 — Missing Persons Presumed Living.
523.10 MISSING PERSONS PRESUMED LIVING. For purposes of this chapter, a missing person is presumed to be living until actual proof of death or legal adjudication of death occurs. History: 1984 c 603 s 12
Section 523.11 — Revocation Of A Power.
523.11 REVOCATION OF A POWER. Subdivision 1. Manner. An executed power of attorney may be revoked only by a written instrument of revocation signed by the principal and, in the case of a signature on behalf of the principal by another or a signature by a mark, acknowledged before a notary public. The conservator or […]
Section 523.12 — Power Of Attorney-in-fact To Bind Principal.
523.12 POWER OF ATTORNEY-IN-FACT TO BIND PRINCIPAL. Any action taken by the attorney-in-fact pursuant to the power of attorney binds the principal, the principal’s heirs and assigns, and the representative of the estate of the principal in the same manner as though the action was taken by the principal, and, during any time while a […]
Section 523.13 — Multiple Attorneys-in-fact.
523.13 MULTIPLE ATTORNEYS-IN-FACT. Unless it is provided to the contrary in a power of attorney which authorizes two or more attorneys-in-fact to act on behalf of a principal, any action taken by any one of the several attorneys-in-fact pursuant to the power of attorney, whether the other attorneys-in-fact consent or object to the action, binds […]
Section 523.05 — Recording.
523.05 RECORDING. If the exercise of the power of attorney requires execution and delivery of any instrument which is recordable, the power of attorney and any affidavit authorized under sections 523.01 to 523.24 when authenticated for record in conformity with section 507.24, are also recordable. History: 1984 c 603 s 7; 1993 c 13 art […]