Idaho Code 15-12-118 – Agent’S Resignation — Notice
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If a power of attorney does not provide the method for an agent’s resignation, an agent may resign by giving written notice to the principal and, if the principal is incapacitated:
(1) To the conservator or guardian, if one (1) has been appointed for the principal, and a coagent or successor agent; or
Terms Used In Idaho Code 15-12-118
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- person: includes a corporation as well as a natural person;
Idaho Code 73-114Power 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
(2) If there is no person described in subsection (1) of this section, to:
(a) The principal’s caregiver;
(b) Another person reasonably believed by the agent to have sufficient interest in the principal’s welfare; or
(c) A governmental agency having authority to protect the welfare of the principal.