§ 30-5-5-18 — Delegation of authority

Indiana § 30-5-5-18

• Jurisdiction: Indiana
• Art. 5: POWERS OF ATTORNEY
• Ch. 5: Powers

Text

Language conferring general authority with
respect to delegating authority means the principal authorizes the
attorney in fact to delegate in writing to one (1) or more persons any or
all powers given to the attorney in fact by the power of attorney. An
action taken by a person holding delegated authority under this section
binds the principal and persons who are obligated under IC 30-5-8 to
obey instructions issued by the attorney in fact who delegated the
authority, even if the attorney in fact who delegated the authority fails
to serve or ceases to serve as provided under IC 30-5-4-4 unless:
(1) the principal revokes the delegation of authority;
(2) the delegation of authority by the attorney in fact is revoked by
another attorney in fact who:
(A) is named in the power of attorney; and
(B) currently has authority and priority to act for the principal;
(3) the power of attorney expires or is otherwise invalid or
unenforceable; or
(4) the power of attorney or the document in which the attorney
delegates authority specifically provides that the delegation of
authority is terminated when the attorney in fact who delegated
the authority fails to serve or ceases to serve as provided under IC 30-5-4-4.

Legislative History

As added by P.L.149-1991, SEC.2. Amended by P.L.51-2014, SEC.28.