Enrolled Bill Summary
Legislative Session: 75(R)SENATE BILL 620 |
SENATE AUTHOR: Harris |
EFFECTIVE: 09-01-97 |
HOUSE SPONSOR: Hilbert |
Senate Bill 620 amends the Durable Power of Attorney Act to add a new section providing that a durable power of attorney between a principal and an agent terminates upon divorce or annulment of marriage from each other. The act provides for the protection of certain third parties who act in good faith under or in reliance on the durable power of attorney and makes certain changes with respect to the authority conferred on an agent or attorney-in-fact.