Maine Revised Statutes Title 18-C Sec. 5-904 – Power of attorney is durable
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Terms Used In Maine Revised Statutes Title 18-C Sec. 5-904
- Incapacity: means inability of an individual to effectively manage property or business affairs because the individual:
A. See Maine Revised Statutes Title 18-C Sec. 5-902Principal: means an individual who grants authority to an agent in a power of attorney. See Maine Revised Statutes Title 18-C Sec. 5-902
A power of attorney created under this Part is durable unless it expressly provides that it is terminated by the incapacity of the principal. [PL 2017, c. 402, Pt. A, §2 (NEW); PL 2019, c. 417, Pt. B, §14 (AFF).]
SECTION HISTORY
PL 2017, c. 402, Pt. A, §2 (NEW). PL 2017, c. 402, Pt. F, §1 (AFF). PL 2019, c. 417, Pt. B, §14 (AFF).