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Maine Revised Statutes Title 18-C. Probate Code § 5-915. Exoneration of agent

Current as of January 01, 2025 | Updated by Findlaw Staff

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. Dishonesty, improper motive, reckless indifference. 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

2. Abuse of relationship. Was inserted as a result of an abuse of a confidential or fiduciary relationship with the principal.

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Cite this article: FindLaw.com - Maine Revised Statutes Title 18-C. Probate Code § 5-915. Exoneration of agent - last updated January 01, 2025 | https://codes.findlaw.com/me/title-18-c-probate-code/me-rev-st-tit-18-c-sect-5-915/

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 before relying on it for your legal needs.

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