244.15 – Exoneration of agent.
244.15 Exoneration of agent. A provision in a power of attorney relieving an agent of liability for breach of duty is binding on the principal and the principal’s successors in interest except to the extent that the provision does any of the following: (1) Relieves the agent of liability for breach of duty committed dishonestly, […]
244.16 – Judicial relief.
244.16 Judicial relief. (1) The following persons may petition the circuit court of the county where the principal is present or of the county of the principal’s legal residence to construe a power of attorney or review the agent’s conduct, and grant appropriate relief: (a) The principal or the agent. (b) A guardian, conservator, or […]
244.11 – Coagents and successor agents.
244.11 Coagents and successor agents. (1) A principal may designate in a power of attorney 2 or more persons to act as coagents. Unless the power of attorney otherwise provides, each coagent may exercise its authority independently. (2) A principal may designate in a power of attorney one or more successor agents to act if […]
244.07 – Meaning and effect of power of attorney.
244.07 Meaning and effect of power of attorney. (1) The meaning and effect of a power of attorney is determined by the law of the jurisdiction indicated in the power of attorney and, in the absence of an indication of jurisdiction in the power of attorney, by the law of the jurisdiction in which the […]
244.08 – Nomination of guardian; relation of agent to court-appointed fiduciary.
244.08 Nomination of guardian; relation of agent to court-appointed fiduciary. (1) In a power of attorney, a principal may nominate a guardian of the principal’s estate or guardian of the principal’s person for consideration by the court if protective proceedings for the principal’s estate or person are begun after the principal executes the power of […]
244.09 – When a power of attorney is effective.
244.09 When a power of attorney is effective. (1) A power of attorney is effective when executed unless the principal provides in the power of attorney that it becomes effective at a future date or upon the occurrence of a future event or contingency. (2) If a power of attorney becomes effective upon the occurrence […]
244.10 – Termination of power of attorney or agent’s authority.
244.10 Termination of power of attorney or agent’s authority. (1) A power of attorney terminates when any of the following occurs: (a) The principal dies. (b) The principal becomes incapacitated, if the power of attorney so provides. (c) The principal revokes the power of attorney. (d) The power of attorney provides that it terminates. (e) […]
244.02 – Definitions.
244.02 Definitions. In this chapter: (1) “Agent” means a person granted authority to act for a principal under a power of attorney, whether denominated an agent, attorney-in-fact, or otherwise. (2) “Domestic partner” has the meaning given in s. 770.01 (1). (3) “Durable power of attorney” means a power of attorney that is not terminated by […]
244.03 – Applicability.
244.03 Applicability. This chapter applies to all powers of attorney except for the following: (1) A power to the extent it is coupled with an interest in the subject of the power, including a power given to or for the benefit of a creditor in connection with a credit transaction. (2) A power to make […]
244.04 – Power of attorney is durable.
244.04 Power of attorney is durable. A power of attorney created under this chapter is durable unless it expressly provides that it is terminated by the incapacity of the principal. History: 2009 a. 319.