AGENT’S RESIGNATION — NOTICE.

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15-12-118. AGENT’S RESIGNATION — NOTICE. If a power of attorney does not provide the method for an agent’s resignation, an agent may resign by giving written notice to the principal and, if the principal is incapacitated:

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

(2) If there is no person described in subsection (1) of this section, 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.

History:

[15-12-118, added 2008, ch. 186, sec. 2, p. 566.]


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