Alabama Code Title 26. Infants and Incompetents § 26-1A-115
Current as of December 30, 2022 | Updated by FindLaw Staff
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A provision in a power of attorney relieving an agent of liability for breach of duty is binding on the principal and the principal's successors in interest except to the extent the provision:
(1) relieves the agent of liability for breach of duty committed dishonestly, with an improper motive, or with reckless indifference to the purposes of the power of attorney or the best interest of the principal; or
(2) was inserted as a result of an abuse of a confidential or fiduciary relationship with the principal.
Cite this article: FindLaw.com - Alabama Code Title 26. Infants and Incompetents § 26-1A-115 - last updated December 30, 2022 | https://codes.findlaw.com/al/title-26-infants-and-incompetents/al-code-sect-26-1a-115.html
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