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Indiana Code Title 30. Trusts and Fiduciaries § 30-5-2-7

Current as of June 08, 2021 | Updated by FindLaw Staff

Sec. 7. “Power of attorney” means a writing or other record that grants authority to an attorney in fact or agent to act in place of a principal, whether the term “power of attorney” is used.  The term refers to all types of powers of attorney, including durable powers of attorney, except for the following:

(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 credit in connection with a credit transaction.

(2) A proxy or other delegation to exercise voting rights or management rights with respect to an entity.

(3) A power created on a form prescribed by a government or governmental subdivision, agency, or instrumentality for a governmental purpose.

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Cite this article: FindLaw.com - Indiana Code Title 30. Trusts and Fiduciaries § 30-5-2-7 - last updated June 08, 2021 | https://codes.findlaw.com/in/title-30-trusts-and-fiduciaries/in-code-sect-30-5-2-7.html

Read this complete Indiana Code Title 30. Trusts and Fiduciaries § 30-5-2-7 on Westlaw

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.

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