Maryland Code, ESTATES AND TRUSTS 17-201
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Terms Used In Maryland Code, ESTATES AND TRUSTS 17-201
- Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
(a) A document substantially in one of the forms set forth in this subtitle may be used to create a statutory form power of attorney that has the meaning and effect prescribed by this title.
(b) A document substantially in one of the forms set forth in this subtitle in effect on the date the document is executed shall continue to have the meaning and effect prescribed by this title, notwithstanding enactment of legislation altering that statutory form after the date the document is executed.