Sec. 17. (a) Every power, beneficial or in trust, shall be irrevocable, unless an authority to revoke it is reserved in the instrument creating the same.

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Terms Used In Indiana Code 30-1-9-17

  • Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
  • 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
     (b) This section does not apply to any power of attorney, regardless of when the power of attorney was created.

Formerly: Acts 1852, 1RS, c.113, s.17. As amended by Acts 1982, P.L.178, SEC.1.