(For Effective Date, See note.) Applicability

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This chapter shall apply to all powers of attorney except:

  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 health care decisions;
  3. Any delegation of voting, management, or similar rights related to the governance or administration of an entity or business, including, but not limited to, delegation of voting or management rights;
  4. A power created on a form prescribed by a government or governmental subdivision, agency, or instrumentality for a governmental purpose;
  5. A power created by a person other than an individual;
  6. A power that grants authority with respect to a single transaction or series of related transactions involving real estate;
  7. A power given to a transfer agent to facilitate a specific transfer or disposition of one or more identified stocks, bonds, or other financial instruments;
  8. A power authorizing a financial institution or broker-dealer, or an employee of the financial institution or broker-dealer, to act as agent for the account owner in executing trades or transfers of cash, securities, commodities, or other financial assets in the regular course of business;
  9. Powers of attorney provided for under Titles 19 and 33; and
  10. As set forth in Code Section 10-6B-81.

(Code 1981, §10-6B-3, enacted by Ga. L. 2017, p. 435, § 2-1/HB 221; Ga. L. 2018, p. 520, § 3/HB 897; Ga. L. 2020, p. 377, § 2-10/HB 865.)


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