Agent's resignation - Notice.

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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 paragraph 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.

Added by Laws 2021, c. 332, § 18, eff. Nov. 1, 2021.


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