Section 3-9-118 – Agent’s Resignation; Notice.
3-9-118. Agent’s resignation; notice. (a) Unless the power of attorney otherwise provides, an agent may resign by giving notice to the principal and, if the principal is incapacitated: (i) To the conservator or guardian of the principal if one (1) has been appointed and a coagent or successor agent; or (ii) To any one (1) […]
Section 3-9-105 – Execution of Power of Attorney.
3-9-105. Execution of power of attorney. A power of attorney shall be signed by the principal or in the principal’s conscious presence by another person who is directed by the principal to sign the principal’s name on the power of attorney. A signature on a power of attorney is presumed to be genuine if the […]
Section 3-9-106 – Validity of Power of Attorney.
3-9-106. Validity of power of attorney. (a) A power of attorney executed in this state on or after the effective date of this act is valid if its execution complies with W.S. 3-9-105. (b) A power of attorney executed in this state before the effective date of this act is valid if its execution complied […]
Section 3-9-107 – Meaning and Effect of Power of Attorney.
3-9-107. Meaning and effect of power of attorney. 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, by the law of the jurisdiction in which the power of attorney was executed.
Section 3-9-108 – Nomination of Conservator or Guardian; Relation of Agent to Court Appointed Fiduciary.
3-9-108. Nomination of conservator or guardian; relation of agent to court appointed fiduciary. (a) In a power of attorney, a principal may nominate a conservator 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 […]
Section 3-9-109 – When Power of Attorney Effective.
3-9-109. When power of attorney effective. (a) 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. (b) If a power of attorney becomes effective upon the occurrence of a […]
Section 3-9-110 – Termination of Power of Attorney or Agent’s Authority.
3-9-110. Termination of power of attorney or agent’s authority. (a) A power of attorney terminates when the: (i) Principal dies; (ii) Principal becomes incapacitated, if the power of attorney is not durable; (iii) Principal revokes the power of attorney; (iv) Power of attorney provides that it terminates; (v) Purpose of the power of attorney is […]
Section 3-9-111 – Coagents and Successor Agents.
3-9-111. Coagents and successor agents. (a) A principal may designate two (2) or more persons to act as coagents. Unless the power of attorney otherwise provides, each coagent may exercise its authority independently. (b) A principal may designate one (1) or more successor agents to act if an agent resigns, dies, becomes incapacitated, is not […]
Section 3-9-112 – Reimbursement and Compensation of Agent.
3-9-112. Reimbursement and compensation of agent. Unless the power of attorney otherwise provides, an agent is entitled to reimbursement of expenses reasonably incurred on behalf of the principal and to compensation that is reasonable under the circumstances.
Section 3-9-113 – Agent’s Acceptance.
3-9-113. Agent’s acceptance. Except as otherwise provided in the power of attorney, a person accepts appointment as an agent under a power of attorney by exercising authority or performing duties as an agent or by any other assertion or conduct indicating acceptance.