California Statutes
§ 4231. — 4231. (Amended by Stats. 2010, Ch. 48, Sec. 1.)
California·Code PROB Probate Code - PROB·Div. 4.5. DIVISION 4.5. POWERS OF ATTORNEY·Part 2. PART 2. POWERS OF ATTORNEY GENERALLY·Ch. 4. CHAPTER 4. Attorneys-in-Fact·Art. 2. ARTICLE 2. Duties of Attorneys-in-Fact
(a)Except as provided in subdivision (b), in dealing with property of the principal, an attorney-in-fact shall observe the standard of care that would be observed by a prudent person dealing with property of another and is not limited by any other statute restricting investments by fiduciaries.
(b)An attorney-in-fact who has special skills or expertise or was designated as an attorney-in-fact on the basis of representations of special skills or expertise shall observe the standard of care that would be observed by others with similar skills or expertise.
Free access — add to your briefcase to read the full text and ask questions with AI
California § 4231. (4231. (Amended by Stats. 2010, Ch. 48, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2010, Ch. 48, Sec. 1. (SB 1038) Effective January 1, 2011.