Section 118 – Agent’s resignation — Notice.

Effective 5/10/2016
75-9-118. Agent’s resignation — Notice.
Unless the power of attorney provides a different method for an agent’s resignation, an agent may resign by giving notice to the principal and, if the principal is incapacitated:

• (1) to the guardian, if one has been appointed for the principal, and a coagent or successor agent; or

• (2) if there is no person described in Subsection (1), to:
  • (a) the principal’s caregiver;
  • (b) another person reasonably believed by the agent to have sufficient interest in the principal’s welfare; or
  • (c) a governmental agency having authority to protect the welfare of the principal.

Enacted by Chapter 256, 2016 General Session